Why is KRN Heat Exchan falling/rising?

As of 22-Sep, KRN Heat Exchanger and Refrigeration Ltd is experiencing a decline in its stock price, currently at 875.05, which reflects a decrease of 8.8 points or 1.0%. Today's performance indicates that the stock has underperformed its sector by 0.44%. In terms of returns, the stock has shown a positive performance over the past week with a gain of 2.32%, but it has declined by 8.35% over the past month. Despite this recent downturn, the company has demonstrated strong fundamentals, including a high return on equity of 20.30% and a low debt to EBITDA ratio of 0.37 times, which suggests a solid ability to manage its debt. Additionally, net sales have grown significantly, indicating healthy long-term growth prospects. The increasing participation of institutional investors, who have raised their stake by 0.92%, further supports the stock's potential despite its current price drop.
Broader Market Context: In the context of the broader market, KRN Heat Exchanger's recent performance contrasts with the Sensex, which has gained 0.46% over the past week and 1.05% over the past month. While the stock has outperformed the benchmark in the short term, its longer-term performance shows a stark difference, with a year-to-date increase of 24.77% compared to the Sensex's 5.15%. This suggests that while the stock has had a strong year overall, recent volatility may be affecting investor sentiment, leading to the current decline in price.