Why is Kirloskar Indus. falling/rising?

As of 21-Aug, Kirloskar Industries Ltd is experiencing a price increase, with the current price at 3,882.55, reflecting a change of 27.55, or 0.71% upward. The stock has outperformed its sector today by 0.83%. However, it is important to note that while the stock has shown a positive movement today, it has a mixed performance over different periods, with a 1-week return of +2.52% but a significant decline of -14.29% over the past month and -35.84% over the past year. The stock is currently trading above its 100-day moving average but below its shorter-term moving averages, indicating some volatility. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 29.88% against the 5-day average, which may suggest reduced interest from investors.
In the broader market context, the Sensex has shown a modest increase of +1.74% over the past week, indicating that while Kirloskar Industries Ltd has outperformed the benchmark in the short term, it has underperformed significantly over longer periods, particularly year-to-date with a return of -13.23% compared to the Sensex's +4.94%. Despite the stock's recent upward movement, it has a low Debt to EBITDA ratio of 1.08 times, indicating a strong ability to service debt, and healthy long-term growth with net sales growing at an annual rate of 33.11%. However, the stock's valuation remains attractive, trading at a discount compared to peers, even as profits have declined by 31.5% over the past year. This combination of factors suggests that while there may be some short-term positive momentum, the overall outlook remains cautious due to significant past declines in profitability.