Why is Kirl. Electric falling/rising?

As of 16-Sep, Kirloskar Electric Company Ltd's stock price is currently at Rs 123.10, reflecting an increase of Rs 1.25 or 1.03%. The stock has shown a trend reversal by gaining after two consecutive days of decline. Despite this uptick, it underperformed its sector by 0.75%. The stock's performance over the past week has been positive, with a return of 6.12%, while it has seen a decline of 29.68% year-to-date and 37.02% over the past year. Additionally, the stock's delivery volume has significantly decreased by 46.6% compared to the 5-day average, indicating falling investor participation, which may impact future price movements.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.58% over the past week, Kirloskar Electric's short-term performance has outpaced the index. However, over the longer term, the stock's year-to-date performance is notably weaker than the Sensex's gain of 5.43%. The stock's moving averages indicate a mixed outlook, as it is above the 5-day and 20-day averages but below the longer-term averages, suggesting potential volatility ahead. Overall, while the recent price increase may reflect a short-term recovery, the broader context of declining investor participation and significant year-to-date losses raises concerns about the stock's sustainability.