Why is Kabra Extrusion falling/rising?

As of 24-Jul, Kabra Extrusion Technik Ltd's stock price is currently at 301.55, reflecting an increase of 2.0 (0.67%). The stock has shown a performance today that outperformed its sector by 1.11%, reaching an intraday high of Rs 308.65, a rise of 3.04%. Over the past month, the stock has gained 8.82%, contrasting with a slight decline of 0.15% over the past week. Despite these positive short-term movements, the stock has experienced a significant decline of 45.37% year-to-date and a 23.32% drop over the past year. The company has a low Debt to Equity ratio and has demonstrated healthy long-term growth with an operating profit increase of 43.27%. However, it has faced challenges, including a 16.93% fall in net sales and a substantial decrease in profits, which may contribute to investor caution.
In the broader market context, the stock's recent performance has outpaced the Sensex, which has seen a marginal decline of 0.09% over the past week and a modest increase of 0.16% over the past month. However, the stock's long-term performance remains below par, with a decline of 14.90% over three years compared to a 46.57% increase in the benchmark. Additionally, falling participation from institutional investors, who have reduced their stake by 0.65%, indicates a lack of confidence in the stock's fundamentals. This combination of short-term gains against a backdrop of long-term underperformance and declining institutional interest suggests that while there may be some positive momentum, significant concerns remain regarding the company's overall financial health.