Why is Kinetic Engg. falling/rising?

As of 22-Jul, Kinetic Engineering Ltd is experiencing a decline in its stock price, currently at Rs 350.30, which reflects a decrease of Rs 2.15 or 0.61%. The stock has been losing value for the past two days, with a total drop of 0.76% during this period. Despite this recent downturn, the company has shown strong performance over the longer term, with a remarkable increase of 89.35% in the past year and 111.66% year-to-date. However, the stock's fundamentals raise concerns, as it has a weak long-term Return on Capital Employed (ROCE) of 0.94% and has shown poor growth in net sales and operating profit over the last five years. Additionally, the company's recent quarterly results indicated a significant decline in profit after tax, which may contribute to the negative sentiment surrounding the stock.
In the broader market context, Kinetic Engineering has outperformed the benchmark Sensex in various time frames, including a 25.08% increase over the past week compared to a slight decline of 0.47% for the Sensex. However, the stock's recent performance contrasts with its strong historical returns, as institutional investors have decreased their stake, indicating a potential lack of confidence in the company's future prospects. This decline in institutional participation, coupled with the company's weak financial indicators, may be influencing the stock's current downward trend despite its previous strong performance.