Why is KRBL falling/rising?

As of 20-Aug, KRBL Ltd. is currently priced at 469.55, reflecting a decrease of 3.35, or 0.71%. The stock has underperformed its sector today by 0.74% and has experienced a consecutive decline over the last two days, resulting in a total drop of 1.71% in that period. Despite this recent downturn, KRBL has shown strong performance over the past month with a return of 15.31%, and impressive year-to-date gains of 56.13%. The company's fundamentals remain solid, highlighted by a low debt-to-equity ratio of 0.03 and significant growth in net sales and profits in the latest quarter. However, a notable decline in delivery volume by 79.19% against the five-day average indicates falling investor participation, which may contribute to the stock's current price movement.
In the broader market context, KRBL's recent performance contrasts with the Sensex, which has increased by 1.64% over the past week. While KRBL has outperformed the benchmark over longer periods, including a 58.69% return over the past year, its short-term struggles may reflect broader market dynamics or sector-specific challenges. The increase in institutional investor participation, with a 1.79% rise in stake over the previous quarter, suggests a positive outlook among more sophisticated investors, which could provide some support for the stock moving forward. However, the current price decline indicates that immediate market sentiment may be cautious, overshadowing the company's strong long-term performance.