Why is Ingersoll-Rand falling/rising?

As of 24-Jul, Ingersoll-Rand (India) Ltd is experiencing a slight decline in its stock price, currently at 4,066.75, reflecting a decrease of 4.25 points or 0.1%. The stock's performance today is in line with its sector, although it has shown a negative return of 4.09% over the past week. While the stock has performed well over the past month with an increase of 8.67%, its year-to-date return is down by 2.57%. Additionally, the stock is currently trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages, but lower than its 5-day moving average. A notable factor contributing to the recent price movement is the decline in investor participation, with delivery volume dropping by 32.64% compared to the 5-day average. Despite this, the company maintains strong long-term fundamentals, including a robust average return on equity of 26.50% and a healthy operating profit growth rate of 32.67% annually.
In the broader market context, the Sensex has shown a minimal decline of 0.09% over the past week, indicating that the stock's short-term performance is underperforming relative to the benchmark. However, the stock has outperformed the Sensex over a longer three-year period, with a return of 151.58% compared to the benchmark's 46.57%. The recent increase in institutional investor participation, with a 0.56% rise in their stake, suggests a positive outlook from these investors who typically have more resources to analyze company fundamentals. This institutional interest may provide some support for the stock despite the current price decline and falling retail investor participation.