Why is Kirl.Pneumatic falling/rising?

As of 07-Jul, Kirloskar Pneumatic Company Ltd's stock price is currently at Rs 1,409.25, reflecting a decrease of Rs 29.15 or 2.03%. The stock has been underperforming, having fallen for three consecutive days with a total decline of 3.49%. Today's trading saw the stock touch an intraday low of Rs 1,405, and the volume traded was closer to this low price, indicating a lack of investor confidence. Despite the stock's long-term growth potential, evidenced by a healthy operating profit growth rate of 34.89% and positive results over the last five quarters, the recent performance has been overshadowed by a significant drop in delivery volume, which fell by 44.46% against the five-day average.
In the broader market context, the stock's short-term performance has been slightly worse than the benchmark, with a 1-week return of -0.27% compared to the Sensex's -0.20%. While the stock has shown strong returns over the longer term, including a 9.83% increase over the past year and a remarkable 225.88% increase over three years, the recent downturn suggests a shift in investor sentiment. The high institutional holdings at 36.93% may provide some stability, but the current decline indicates that even institutional investors are cautious in the face of recent performance trends.