Why is Escorts Kubota falling/rising?

As of 28-Jul, Escorts Kubota Ltd's stock price is currently at 3,414.85, reflecting an increase of 8.75, or 0.26%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite a recent drop of 0.56% over the past week, it has outperformed the sector today by 0.79%. The stock's performance over the last month is positive at +1.97%, while it has seen a significant decline of 17.48% over the past year. The company maintains a low debt-to-equity ratio, which is a positive factor, and the majority of shareholders are promoters, indicating stability in ownership.
Broader market context reveals that the Sensex has decreased by 1.59% over the past week, suggesting that the stock's short-term performance is relatively better than the benchmark. The stock's liquidity remains adequate for trading, although there has been a notable drop in investor participation, with delivery volume falling by 40.53% against the five-day average. This decline in participation could indicate a cautious sentiment among investors, despite the stock's recent upward movement. Overall, while the stock is currently rising, the broader market context and reduced investor engagement may pose challenges ahead.