Why is Escorts Kubota falling/rising?

As of 06-Aug, Escorts Kubota Ltd's stock price is currently at 3,386.95, reflecting a decrease of 29.4 points or 0.86%. The stock has underperformed its sector by 0.61% today and has experienced a trend reversal, falling after two consecutive days of gains. Despite this recent decline, the stock has shown positive performance over the past month with a return of 1.62%, although it has underperformed over the past year with a decrease of 8.50%. The company has a low debt-to-equity ratio, which is favorable, and it reported strong operating cash flow and profit margins in its latest results, indicating solid financial health that may support its stock price in the long term.
In the broader market context, the stock's performance over the past week shows a decline of 1.51%, which is slightly worse than the Sensex's decline of 1.15%. However, the stock has outperformed the benchmark over the past three years with a return of 106.06% compared to the Sensex's 37.95%. The recent increase in delivery volume suggests rising investor participation, which could be a positive sign for future performance. Overall, while the stock is currently facing downward pressure, its strong fundamentals and historical performance may provide some resilience against broader market fluctuations.