Why is Kirloskar Indus. falling/rising?

As of 23-Sep, Kirloskar Industries Ltd is currently priced at Rs 4,204.20, reflecting a decrease of Rs 4.4 or 0.1%. The stock has been underperforming, having fallen for the last two days with a total decline of 0.52%. Today, it opened with a significant loss of 4.58%, reaching an intraday low of Rs 4,016.05. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating some level of support. However, there has been a notable drop in investor participation, with delivery volume decreasing by 4.65% compared to the 5-day average. Over the past year, the stock has generated a return of -23.27%, while profits have decreased by 31.5%, suggesting underlying challenges despite a strong ability to service debt and healthy long-term growth metrics.
In the broader market context, Kirloskar Industries Ltd has outperformed the Sensex over the past week and month, with returns of 5.77% and 7.65%, respectively, while the Sensex has seen declines of 0.34% and gains of 0.98%. However, year-to-date, the stock has underperformed the benchmark, with a decline of 6.04% compared to the Sensex's increase of 5.07%. This mixed performance indicates that while the stock has shown resilience in the short term, its longer-term trajectory remains concerning, particularly in light of falling profits and reduced investor engagement.