Why is KRN Heat Exchan falling/rising?

As of 11-Jul, KRN Heat Exchanger and Refrigeration Ltd is experiencing a decline in its stock price, currently at Rs 889.80, which reflects a decrease of Rs 21.2 or 2.33%. The stock has been underperforming recently, having fallen for three consecutive days with a total decline of 5.06%. Today's trading saw the stock touch an intraday low of Rs 879.55, indicating a significant drop of 3.45%. Despite this recent downturn, the stock has shown strong performance over the past week and month, with returns of 9.39% and 15.88%, respectively. Additionally, the company demonstrates high management efficiency with a return on equity of 20.30%, a low debt to EBITDA ratio of 0.37, and healthy long-term growth in net sales, which has increased at an annual rate of 32.00%. However, there has been a notable decline in investor participation, with delivery volume dropping by 63.64% compared to the five-day average.
In the broader market context, KRN Heat Exchanger's recent performance contrasts with the benchmark Sensex, which has seen a slight decline of 1.12% over the past week. While the stock has outperformed the benchmark significantly in the year-to-date period with a return of 26.87% compared to the Sensex's 5.58%, the current underperformance in the short term may be attributed to the recent drop in trading volume and investor interest. The stock's liquidity remains adequate for trading, but the falling investor participation could be a concern for future price stability. Overall, while the company has strong fundamentals, the recent price movement reflects a combination of short-term selling pressure and reduced market interest.