Why is Kirloskar Oil falling/rising?

As of 07-Nov, Kirloskar Oil Engines Ltd is experiencing a decline in its stock price, currently at 963.05, which reflects a decrease of 24.95 or 2.53%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 5.59% during this period. Additionally, the stock's performance today has underperformed the sector by 1.81%. The stock has shown a negative return of 3.64% over the past week and a year-to-date decline of 6.04%. Despite a strong long-term growth potential indicated by a 50.07% annual growth rate in operating profit, the stock's recent performance has been negatively impacted by a 17.73% decline over the past year, alongside a 7% drop in profits.
In the broader market context, the Sensex has only decreased by 0.86% over the past week, indicating that Kirloskar Oil's short-term performance is significantly worse than the benchmark. The stock's liquidity remains adequate, but there has been a notable decline in investor participation, with delivery volume dropping by 50.19% compared to the five-day average. Despite high institutional holdings at 36.33%, which typically suggests confidence in the stock's fundamentals, the recent price movement reflects a market sentiment that is cautious, likely influenced by the stock's recent underperformance and declining profits.