Why is Escorts Kubota falling/rising?

As of 25-Jul, Escorts Kubota Ltd's stock price is currently at 3,406.10, reflecting a decline of 44.3 points or 1.28%. The stock has been experiencing a downward trend, having fallen for the last two days with a total return of -1.92% during this period. Despite being above the 20-day, 50-day, 100-day, and 200-day moving averages, it is below the 5-day moving average. Additionally, the delivery volume has decreased significantly, down by 43.9% compared to the 5-day average, indicating a drop in investor participation. Over the past year, the stock has underperformed with a return of -15.74%, contrasting with the Sensex's positive return of 1.78%. However, the company maintains a low average debt-to-equity ratio, which may provide some stability amidst the current price decline.
In the broader market context, the stock's recent performance has been relatively stable compared to the Sensex, which has seen a slight decline of 0.36% over the past week. While Escorts Kubota has shown a positive return of 3.28% over the past month, it still lags behind the Sensex's year-to-date performance of 4.25%. The stock's liquidity is adequate for trading, but the falling investor participation could be a concern for future price movements. Overall, while the company has strong fundamentals with majority shareholders being promoters, the recent price decline suggests that market sentiment may be cautious, reflecting broader investor behavior rather than company-specific issues.