Why is Kirloskar Indus. falling/rising?

As of 09-Jul, Kirloskar Industries Ltd is experiencing a decline in its stock price, currently at Rs 4,211.00, which reflects a decrease of Rs 17.5 or 0.41%. The stock opened with a significant loss of 5.4% today, reaching an intraday low of Rs 4,000.1. Despite outperforming its sector by 0.87%, the stock has shown mixed performance over various periods, with a 1-week return of 2.52% and a 1-month return of 9.09%, but it has underperformed year-to-date with a decline of 5.89% and a staggering 31.99% drop over the past year. The company has demonstrated strong fundamentals with a low Debt to EBITDA ratio and healthy long-term growth in net sales and operating profit; however, it has faced negative results for the last four consecutive quarters, leading to a significant decline in profits and investor confidence.
Broader market context indicates that while the stock has outperformed the sector in the short term, it has significantly lagged behind the broader market, which has generated positive returns of 1.43% over the past year. The low participation from domestic mutual funds, holding only 0.13% of the company, suggests a lack of confidence in the stock's current valuation. This lack of investor interest, combined with the company's recent poor financial performance, has contributed to the stock's downward movement despite its attractive valuation metrics compared to peers.