Why is Ingersoll-Rand falling/rising?

As of 08-Jul, Ingersoll-Rand (India) Ltd is currently priced at 4,044.90, reflecting a decrease of 5.9 points or 0.15%. Despite this slight decline, the stock has shown a positive performance over the past week and month, with returns of 6.00% and 6.02%, respectively. However, it has experienced a trend reversal after four consecutive days of gains. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally strong position. Nonetheless, there has been a drop in investor participation, with delivery volume decreasing by 10.36% compared to the 5-day average. The company maintains a strong long-term fundamental strength, evidenced by an average Return on Equity (ROE) of 26.50% and healthy operating profit growth, which may support its stock price in the long run.
In the broader market context, Ingersoll-Rand's recent performance has outpaced the Sensex, which only saw a 0.02% increase over the same week. However, the stock's year-to-date performance is lagging behind the benchmark, with a decline of 3.09% compared to the Sensex's gain of 7.13%. This discrepancy highlights the challenges the stock faces in the current market environment, despite its strong fundamentals and historical performance over the longer term. The liquidity of the stock remains adequate for trading, but the recent decline in delivery volume may indicate a cautious sentiment among investors.