Why is Kirl.Pneumatic falling/rising?

As of 03-Jul, Kirloskar Pneumatic Company Ltd's stock price is currently at 1,449.10, reflecting a decrease of 11.1 points or 0.76%. The stock has underperformed its sector today by 1.41% and has experienced a trend reversal, falling after two consecutive days of gains. Despite this recent decline, the stock has shown strong performance over the past month with an increase of 11.47%, although it has a year-to-date decline of 6.38%. The company has demonstrated healthy long-term growth, with an operating profit growth rate of 34.89% and positive results for the last five consecutive quarters, which may support its valuation despite the current price drop. Additionally, the stock has high institutional holdings at 36.93%, indicating confidence from larger investors.
In the broader market context, the stock's short-term performance has been favorable compared to the benchmark, as it has gained 1.74% over the past week while the Sensex has declined by 0.62%. However, the year-to-date performance shows a stark contrast, with the stock down 6.38% compared to the Sensex's gain of 6.53%. This suggests that while the stock has had some recent positive momentum, it is currently facing challenges that have led to its decline today. The falling investor participation, indicated by a decrease in delivery volume, may also contribute to the stock's downward pressure, despite its historical consistency in generating returns.