Why is Kross Ltd falling/rising?

As of 08-Sep, Kross Ltd's stock price is currently at Rs 217.85, reflecting a decrease of Rs 7.95, or 3.52%. The stock has underperformed its sector by 5.85% today and has experienced a trend reversal, falling after five consecutive days of gains. It touched an intraday low of Rs 217, indicating a decline of 3.9%. Despite this drop, Kross Ltd has shown strong performance over the past week and month, with returns of 12.99% and 28.22%, respectively. The company benefits from high management efficiency, a low Debt to EBITDA ratio, and an attractive valuation, which could support its stock price in the long term, despite the recent decline.
Broader Market Context: In comparison to the benchmark Sensex, Kross Ltd has significantly outperformed in the short term, with a 1-week return of 12.99% against the Sensex's 0.53%. However, the stock's current decline may be influenced by broader market dynamics, as the auto ancillary sector has gained by 2.24%. The rising investor participation, indicated by a substantial increase in delivery volume, suggests that there is still interest in the stock despite its recent price drop. Overall, while the stock has faced a setback today, its strong fundamentals and recent performance indicate potential for recovery.