Why is Carraro India falling/rising?

As of 31-Jul, Carraro India Ltd is currently priced at 476.50, reflecting a decrease of 3.35 points or 0.7%. The stock has been on a downward trend, losing value for the last three days and showing a total decline of 2.16% in that period. Despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average. Additionally, the stock's delivery volume has significantly decreased by 68.67% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has underperformed with a return of -2.95%, while it has shown a modest gain of 3.54% over the last month. The company's strong fundamentals, including a low Debt to EBITDA ratio and healthy long-term growth in operating profit, suggest a solid capacity to service debt, which may provide some support to the stock despite its recent price decline.
In the broader market context, Carraro India's recent performance contrasts with the Sensex, which has declined by only 1.22% over the same week. This indicates that while the stock has faced more significant short-term challenges, the overall market has not been as adversely affected. The high institutional holdings at 20.31% suggest that knowledgeable investors are backing the company, which could provide some stability. However, the stock's year-to-date performance shows a substantial decline of 25.21%, compared to the Sensex's gain of 3.90%, highlighting a significant divergence in performance relative to the broader market.