Why is Kirloskar Indus. falling/rising?

As of 29-Jul, Kirloskar Industries Ltd is experiencing a price increase, currently at Rs 4,349.90, reflecting a rise of 99.9 points or 2.35%. Despite this daily gain, the stock has underperformed its sector by 0.62% today and opened with a loss of 3.18%. Over the past week, the stock has declined by 2.49%, but it has shown a positive trend over the last month with a return of 3.79%. The company has demonstrated strong fundamentals, including a low Debt to EBITDA ratio of 1.08 times and healthy long-term growth rates in net sales and operating profit. However, it has faced challenges, such as negative results for the last four consecutive quarters and a significant decline in profits by 40.7%, which may contribute to investor caution. Broader market context indicates that while the stock has gained recently, it has underperformed the benchmark index, the Sensex, which has seen a decline of only 1.03% over the past week. The stock's year-to-date performance is also concerning, with a drop of 2.79% compared to the Sensex's gain of 4.09%. This disparity highlights the stock's struggles relative to the broader market, despite its recent price increase. Additionally, the low stake held by domestic mutual funds suggests a lack of confidence in the stock's valuation, which may further influence investor sentiment and trading behavior.