Why is Kirl.Pneumatic falling/rising?

As of 20-Oct, Kirloskar Pneumatic Company Ltd is experiencing a decline in its stock price, currently at 1,152.00, reflecting a decrease of 9.45 points or 0.81%. The stock has underperformed its sector by 1.47% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 1.46%, and it has shown a significant decline of 25.58% year-to-date, while the broader market has gained 7.97%. Despite a healthy long-term growth rate in operating profit of 43.72% and a low debt-to-equity ratio, the stock's recent performance is hindered by flat results in June, with the lowest net sales and PBDIT recorded, contributing to its negative returns over the past year.
Broader market context indicates that while the BSE500 has generated a return of 0.80% in the last year, Kirloskar Pneumatic has significantly underperformed with a return of -20.03%. This stark contrast highlights the challenges the company faces in attracting investor confidence despite high institutional holdings at 35.38%. The stock's valuation appears expensive with a price-to-book value of 6.8, which may deter potential investors. Additionally, the low debtors turnover ratio suggests inefficiencies in managing receivables, further complicating the stock's appeal in the current market environment.