Why is Kirloskar Indus. falling/rising?

As of 25-Jul, Kirloskar Industries Ltd is experiencing a decline in its stock price, currently at Rs 4,198.10, which represents a decrease of Rs 141.2 or 3.25%. The stock has underperformed its sector by 1.26% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 7.08%. Additionally, the stock's performance over the past week shows a decrease of 4.92%, while it has fallen 28.15% over the past year. Despite a healthy long-term growth rate in net sales and operating profit, the company has reported negative results for the last four consecutive quarters, which has contributed to the recent price drop.
In the broader market context, the stock's short-term performance is notably worse than the benchmark, with the Sensex only declining by 0.36% over the same period. The company’s low domestic mutual fund ownership, at just 0.13%, suggests a lack of confidence among institutional investors, which may further pressure the stock. While the company has a strong ability to service debt and is trading at a discount compared to its peers, the significant drop in profits and negative quarterly results have overshadowed these positive factors, leading to a continued decline in stock price.