Why is KRBL falling/rising?

As of 15-Jul, KRBL Ltd. has experienced a slight increase in its stock price, currently at 380.50, reflecting a change of 1.2 (0.32%) upward. Despite this recent uptick, the stock has underperformed its sector by 0.93% today and has seen a trend reversal after three consecutive days of decline. Over the past week, the stock has dropped by 4.00%, although it has shown a positive return of 5.62% over the last month. The stock's performance has been strong year-to-date with a return of 26.52%, significantly outpacing the market. However, the delivery volume has decreased by 17.93% compared to the five-day average, indicating a decline in investor participation. Additionally, while the company has a low debt-to-equity ratio and has reported positive quarterly results, its long-term growth has been hindered by a decline in operating profit over the past five years.
In the broader market context, KRBL's recent performance contrasts with the benchmark Sensex, which has declined by 1.36% over the past week. Although KRBL has outperformed the market with a 19.54% return over the last year compared to the Sensex's 2.36%, the stock's recent struggles may reflect broader investor sentiment, particularly given the low stake held by domestic mutual funds, which could indicate a lack of confidence in the stock's valuation. The stock's attractive valuation, with a price-to-book value of 1.7, suggests it is trading at a premium compared to its peers, but the significant drop in profits over the past year raises concerns about its sustainability.