Why is Kirl. Brothers falling/rising?

As of 01-Jul, Kirloskar Brothers Ltd is experiencing a decline in its stock price, currently at Rs 2,307.00, which reflects a decrease of Rs 43.85 or 1.87%. Today's price summary indicates that the stock has underperformed its sector by 1.81% and has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 2,302.1, marking a 2.07% drop. Despite this recent downturn, the stock has shown strong performance over the past week and month, with returns of 24.25% and 27.18%, respectively. The company boasts high management efficiency with a return on equity of 15.93%, a low debt-to-equity ratio, and consistent positive results over the last five quarters, which have contributed to its long-term growth prospects.
In the broader market context, while Kirloskar Brothers has outperformed the benchmark Sensex over various periods, including a year-to-date return of 11.45% compared to the Sensex's 7.11%, the recent decline may be attributed to falling investor participation, as evidenced by a 25.2% drop in delivery volume against the five-day average. The stock's premium valuation, indicated by a price-to-book ratio of 8.8, may also be causing some investor hesitation, especially given that its profits have risen by 22.6% over the past year while the stock has only generated a 3.26% return. This combination of factors suggests that while the company has strong fundamentals, the current market sentiment and valuation concerns are contributing to the stock's recent decline.