Why is Kirl. Ferrous falling/rising?

As of 23-Sep, Kirloskar Ferrous Industries Ltd is experiencing a decline in its stock price, currently at Rs 536.00, which reflects a decrease of Rs 6.05 or 1.12%. The stock has underperformed its sector by 2.41% today and has been on a downward trend for the last two days, accumulating a total decline of 2.37%. Over the past week, the stock has fallen by 4.37%, and its year-to-date performance shows a significant drop of 16.18%. Despite a high management efficiency indicated by a return on capital employed (ROCE) of 15.63% and a strong ability to service debt, the stock's recent performance has been hindered by its trading below all major moving averages and a year-on-year return of -22.84%, even as profits have increased by 2.4%.
In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, contrasting with Kirloskar Ferrous's more pronounced drop. While the stock has demonstrated impressive long-term returns over three and five years, its short-term performance is markedly weaker compared to the benchmark. The stock's liquidity appears adequate, with a notable increase in delivery volume, suggesting some investor interest despite the recent price decline. Overall, the combination of underperformance relative to both the sector and the benchmark, along with the stock's current trading position, contributes to the ongoing downward pressure on its price.