Why is Kirloskar Indus. falling/rising?

As of 18-Sep, Kirloskar Industries Ltd is experiencing a slight decline in its stock price, currently at Rs 4,057.75, reflecting a decrease of 4.35 points or 0.11%. The stock has shown a trend reversal, falling after two consecutive days of gains. Despite touching an intraday high of Rs 4,173 earlier in the day, it remains above its 5-day, 20-day, 100-day, and 200-day moving averages, though it is lower than the 50-day moving average. The stock has seen a notable increase in investor participation, with delivery volume rising by 45.1% against the 5-day average. Over the past week, the stock has outperformed the Sensex with a return of 7.32% compared to the benchmark's 1.80%, but it has underperformed over the year with a return of -24.37% against the Sensex's 0.08%.
In the broader market context, while Kirloskar Industries Ltd has shown strong short-term performance relative to the benchmark, its long-term outlook remains mixed. The company has a low Debt to EBITDA ratio of 1.08, indicating a strong ability to service debt, and has reported healthy long-term growth with net sales increasing at an annual rate of 33.11%. However, the stock's recent performance has been negatively impacted by a significant profit decline of 31.5% over the past year, contributing to its overall negative return. Despite trading at a discount compared to its peers' average historical valuations, the stock's recent fall may reflect investor caution amid these profit declines and the overall market conditions.