Why is Kirloskar Indus. falling/rising?

As of 26-Jun, Kirloskar Industries Ltd's stock price is rising, currently at 3,975.20, reflecting an increase of 70.65 (1.81%). The stock has shown a strong performance recently, gaining 13.81% over the last three days, although it underperformed its sector by 0.4% today. Despite touching an intraday low of Rs 3,820, the stock's trading volume has significantly increased, with delivery volume rising by 262.39% against the five-day average. The company has a low Debt to EBITDA ratio of 1.08 times and has demonstrated healthy long-term growth with net sales increasing at an annual rate of 28.50%. However, it has faced challenges, including negative results for the last four consecutive quarters and a substantial decline in profits of 40.7% over the past year, contributing to a year-to-date return of -11.16%.
In the broader market context, Kirloskar Industries Ltd has outperformed the benchmark Sensex in the short term, with a one-week return of +13.25% compared to the Sensex's +2.94%. However, over the past year, the stock has significantly underperformed the market, generating a return of -34.74% while the Sensex has returned +6.46%. This disparity highlights the stock's volatility and the market's cautious sentiment towards it, especially given the low domestic mutual fund holdings, which may indicate a lack of confidence in the company's current valuation and business outlook.