Why is Kross Ltd falling/rising?

As of 11-Jun, Kross Ltd's stock price is currently at Rs 193.45, reflecting a decrease of Rs 4.25 or 2.15%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 5.54% during this period. Today's trading saw the stock reach an intraday low of Rs 191.05, and the volume traded was notably lower than average, indicating a decrease in investor participation. Although the company has shown strong management efficiency and positive financial results, such as a high return on capital employed and growth in profit before tax, concerns about poor long-term growth and declining institutional investor participation have contributed to the stock's downward movement.
In the broader market context, Kross Ltd's short-term performance has lagged behind the benchmark Sensex, which has gained 1.87% over the past week while Kross Ltd only increased by 0.49%. Additionally, the stock's year-to-date performance shows a decline of 9.18%, contrasting with the Sensex's gain of 5.60%. This underperformance relative to the market, combined with falling delivery volumes and reduced interest from institutional investors, suggests a challenging environment for Kross Ltd, impacting investor sentiment and contributing to the stock's recent decline.