Why is Kirloskar Indus. falling/rising?

As of 01-Aug, Kirloskar Industries Ltd is experiencing a decline in its stock price, currently at Rs 4,206.85, which represents a decrease of Rs 108.15 or 2.51%. Today's performance indicates that the stock has underperformed its sector by 0.42%, touching an intraday low of Rs 4,206.85. Over the past week, the stock has shown a slight increase of 0.21%, but it has a year-to-date decline of 5.98% and a significant drop of 28.97% over the past year. While the company has a strong ability to service its debt and healthy long-term growth metrics, including a 28.50% annual growth rate in net sales, the stock's recent performance has been negatively impacted by a 40.7% fall in profits over the past year.
Broader market context shows that the Sensex has declined by 1.06% over the past week, indicating that the stock's short-term return is slightly better than the benchmark. However, the overall sector, specifically the diversified sector, has fallen by 2.31%, which may contribute to the stock's downward pressure. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 21.45% against the five-day average, suggesting reduced interest in trading the stock. Despite its attractive valuation compared to peers, these factors combined have led to the current decline in Kirloskar Industries Ltd's stock price.