Why is KRN Heat Exchan falling/rising?

As of 10-Jul, KRN Heat Exchanger and Refrigeration Ltd's stock price is currently at Rs 911.00, reflecting a decrease of Rs 5.35 or 0.58%. The stock has been underperforming, having fallen for the last two days with a total decline of 2.8%. Despite touching an intraday high of Rs 940.8 earlier in the day, the stock's performance has been characterized by lower investor participation, as evidenced by a significant drop in delivery volume by 58.49% compared to the 5-day average. However, the company maintains a strong financial position with a high return on equity of 20.30%, a low debt to EBITDA ratio of 0.37 times, and healthy long-term growth in net sales, which has increased at an annual rate of 32.00%.
In the broader market context, KRN Heat Exchanger has shown a strong performance over the past week and month, with returns of 9.81% and 17.50%, respectively, while the benchmark Sensex has remained relatively flat with a 0.06% decline over the same week and a modest 0.97% increase over the month. This indicates that while the stock has outperformed the benchmark in the longer term, its recent decline may be attributed to short-term volatility and reduced trading activity. The stock's liquidity remains adequate for trading, suggesting that the recent price movement is not due to a lack of market interest but rather a temporary adjustment in investor sentiment.