Why is Ingersoll-Rand falling/rising?

As of 16-Oct, Ingersoll-Rand (India) Ltd is currently priced at 3,792.15, reflecting an increase of 4.65 (0.12%). The stock has shown a trend reversal, gaining after six consecutive days of decline. Despite this recent uptick, the stock has underperformed in the short term, with a 1-week return of -5.17% compared to the Sensex's gain of +1.58%. However, there has been a notable increase in investor participation, with delivery volume rising by 403.27% against the 5-day average. The company boasts strong long-term fundamentals, including a high average Return on Equity (ROE) of 30.07% and a low Debt to Equity ratio, which may support its price stability. Nonetheless, negative results reported for June 25, including the lowest net sales and operating profit margins, coupled with a high Price to Book Value ratio, suggest that the stock may be overvalued despite its long-term growth potential.
Broader market context indicates that while the stock has faced significant challenges, the overall market has performed better, with the BSE500 generating a return of -0.82% over the past year, compared to Ingersoll-Rand's decline of -16.86%. This underperformance highlights the stock's struggles relative to the broader market, despite the recent increase in institutional investor participation, which could signal a potential shift in sentiment. The company's healthy long-term growth metrics may not be enough to offset the negative sentiment stemming from its recent financial results, leading to a cautious outlook among investors.