Why is Kirloskar Indus. falling/rising?

As of 28-Jul, Kirloskar Industries Ltd is experiencing a price increase, currently at Rs 4,250.00, reflecting a rise of Rs 51.9 or 1.24%. Today's price summary indicates that the stock has outperformed its sector by 2.41% and has gained after two consecutive days of decline. Despite touching an intraday low of Rs 4,105.35, the stock's performance over the past week shows a decline of 6.18%, while it has improved by 1.41% over the past month. The company has a strong ability to service debt, evidenced by a low Debt to EBITDA ratio of 1.08 times, and it has shown healthy long-term growth with net sales increasing at an annual rate of 28.50%. However, the stock has faced challenges, including negative results for the last four consecutive quarters and a significant drop in profits by 40.7%, contributing to its year-to-date decline of 5.02% and a one-year return of -28.33%.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with the Sensex declining by only 1.59% over the past week, while Kirloskar Industries Ltd fell by 6.18%. This underperformance is further highlighted by the stock's one-year return of -28.33%, compared to the BSE500's negative return of -2.52%. The limited interest from domestic mutual funds, holding only 0.13% of the company, may indicate a lack of confidence in the stock's current valuation or business prospects, which could be influencing its price movements. Despite the recent uptick, the overall sentiment remains cautious due to the company's ongoing financial struggles.