Why is Kirloskar Indus. falling/rising?

As of 25-Aug, Kirloskar Industries Ltd is experiencing a decline in its stock price, currently at Rs 3,790.00, which reflects a decrease of Rs 115.3 or 2.95%. Today's performance indicates that the stock has underperformed its sector by 2.93%, having opened with a loss of 2.18% and reaching an intraday low of Rs 3,772.8, down 3.39%. Over the past week, the stock has decreased by 2.06%, and it has shown a significant decline of 15.30% year-to-date, alongside a staggering 35.46% drop over the past year. Despite a strong ability to service debt and healthy long-term growth metrics, the stock's recent performance has been negatively impacted by a fall in profits of 31.5% over the past year, contributing to its current valuation challenges. In the broader market context, while Kirloskar Industries Ltd has faced a notable decline, the benchmark Sensex has shown resilience with a slight increase of 0.45% over the past week and a 4.48% rise year-to-date. This contrast highlights the stock's underperformance relative to the market, particularly as it has fallen after two consecutive days of gains. The stock's liquidity remains adequate, but the overall negative sentiment surrounding its recent profit decline and the significant drop in its stock price compared to the benchmark suggests a challenging environment for investors.