Why is KRN Heat Exchan falling/rising?

As of 20-Aug, KRN Heat Exchanger and Refrigeration Ltd is experiencing a decline in its stock price, currently at Rs 896.40, which reflects a decrease of Rs 15.8 or 1.73%. Today's price summary indicates that the stock has underperformed its sector by 1.36% and has fallen after two consecutive days of gains, touching an intraday low of Rs 893, which represents a 2.1% drop. Despite this short-term decline, the stock has shown positive performance over the past week and month, with returns of 1.94% and 5.56%, respectively. The company benefits from strong fundamentals, including a high return on equity (ROE) of 20.30%, a low debt-to-EBITDA ratio of 0.37, and significant net sales growth of 47.17% in the most recent nine-month period. Additionally, institutional investors have increased their stake, indicating confidence in the company's long-term prospects.
In the broader market context, KRN Heat Exchanger's recent performance has outpaced the benchmark Sensex, which has returned 1.64% over the past week and only 0.12% over the past month. This suggests that while the stock is currently facing a decline, it has been performing well relative to the market in the longer term, with a year-to-date return of 27.81% compared to the Sensex's 4.76%. The rising investor participation, as evidenced by a significant increase in delivery volume, further supports the notion that the stock remains attractive despite its recent price drop.