Why is KRN Heat Exchan falling/rising?

As of 18-Sep, KRN Heat Exchanger and Refrigeration Ltd's stock price is currently at 870.15, reflecting a decrease of 4.4 points or 0.5%. The stock has underperformed its sector today by 0.73% and has experienced a trend reversal after three consecutive days of gains. Additionally, the stock's delivery volume has fallen by 30.33% compared to the five-day average, indicating a decline in investor participation. Despite this, the company has shown strong long-term growth with a net sales increase of 32.00% annually and a healthy return on equity of 20.30%. Institutional investors have also increased their stake, suggesting confidence in the company's fundamentals.
In the broader market context, KRN's one-week return of 1.56% is slightly lower than the Sensex's return of 1.80%, while its one-month performance shows a decline of 0.10% compared to the Sensex's gain of 2.14%. This underperformance in the short term may be contributing to the stock's current price decline. However, the overall year-to-date performance remains strong at 24.07%, significantly outpacing the Sensex's 6.24% increase, indicating that while there may be short-term fluctuations, the long-term outlook for KRN remains positive.