Why is KPT Industries falling/rising?

As of 18-Sep, KPT Industries Ltd is experiencing a decline in its stock price, currently at Rs 721.45, which represents a decrease of Rs 20.2 or 2.72%. The stock has underperformed its sector by 3.12% today, touching an intraday low of Rs 716. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 37.98% against the 5-day average. Over the past month, the stock has decreased by 2.77%, and its year-to-date return is down by 26.00%. Despite a high return on capital employed (ROCE) of 19.59% and attractive valuation metrics, the stock's profits have declined by 4.7%, contributing to its negative performance.
In the broader market context, KPT Industries has underperformed compared to the Sensex, which has gained 1.80% over the past week while KPT Industries has only increased by 0.90%. Over the last year, KPT Industries has seen a substantial decline of 36.15%, while the broader market (BSE500) has only fallen by 1.96%. This stark contrast highlights the stock's struggles relative to market performance. The company's flat results in June, with a significant drop in profit before tax and a decline in profit after tax, further exacerbate investor concerns, leading to a lack of confidence and contributing to the stock's downward trajectory.