Why is Kirloskar Indus. falling/rising?

As of 01-Jul, Kirloskar Industries Ltd is experiencing a decline in its stock price, currently at Rs 4,201.00, which reflects a decrease of Rs 55.0 or 1.29%. Today's price summary indicates that the stock has underperformed its sector by 1.73% and has fallen after five consecutive days of gains. Despite reaching an intraday high of Rs 4,363.6, the stock is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a return of +18.59%, but it has underperformed significantly over the past year with a return of -31.22%, while its profits have decreased by 40.7%. The company's ability to service debt remains strong, but it has declared negative results for the last four consecutive quarters, contributing to the recent price decline.
In the broader market context, while the Sensex has generated a return of +2.00% over the past week and +7.11% year-to-date, Kirloskar Industries has lagged behind with a year-to-date return of -6.12%. This underperformance may indicate a lack of confidence among investors, as evidenced by the low stake held by domestic mutual funds at only 0.13%. The stock's recent price movement reflects a combination of strong long-term growth potential and immediate negative results, leading to a cautious outlook among investors despite some positive indicators such as rising investor participation and liquidity.