Why is KEI Industries falling/rising?

As of 23-Jul, KEI Industries Ltd is currently priced at 3,974.55, reflecting a slight decline of 0.55 or 0.01%. The stock has recently experienced a trend reversal, falling after two consecutive days of gains. Despite this, it has outperformed its sector by 0.41% today. Over the past week, the stock has increased by 2.04%, and over the past month, it has risen by 5.65%. However, year-to-date, it is down 10.58%, and over the past year, it has decreased by 4.78%. The stock is trading above all its moving averages, indicating a generally positive trend, but there has been a notable decline in investor participation, with delivery volume falling by 23.22% compared to the five-day average. The company's strong fundamentals, including a high return on equity of 16.35%, low debt-to-equity ratio, and healthy long-term growth in operating profit, support a hold recommendation.
In the broader market context, KEI Industries has outperformed the Sensex in the short term, with a 1-week return of 2.04% compared to the benchmark's 0.11%. However, the stock's year-to-date performance is significantly lagging behind the Sensex, which has gained 5.87%. The high institutional holdings at 49.34% suggest that knowledgeable investors are confident in the company's fundamentals, which may provide some stability despite the recent price decline. Overall, while the stock has shown resilience in the short term, the recent drop in investor participation and the overall year-to-date performance indicate a cautious outlook.