Why is Kirloskar Oil falling/rising?

As of 22-Sep, Kirloskar Oil Engines Ltd is experiencing a slight increase in its stock price, currently at 965.00, reflecting a change of 1.9 or 0.2% upward. The stock has outperformed its sector today by 2.07% and has shown a consecutive gain over the last two days, rising by 2.55% during this period. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Despite a year-to-date decline of 5.85% and a significant drop of 22.18% over the past year, the company has demonstrated healthy long-term growth with an annual operating profit increase of 50.07%. High institutional holdings at 35.68% suggest confidence from larger investors, although the stock is currently trading at a discount compared to its peers.
In the broader market context, Kirloskar Oil has significantly outperformed the benchmark Sensex over the past week, with a return of 8.63% compared to the Sensex's 0.46%. This strong short-term performance contrasts with the stock's longer-term struggles, as it has underperformed the Sensex year-to-date and over the past year. The rising investor participation, evidenced by an increase in delivery volume, further supports the stock's recent upward movement. However, the negative factor of a 7% decline in profits over the past year remains a concern, indicating that while the stock is gaining traction in the short term, there are underlying challenges that could affect its future performance.