Why is R R Kabel falling/rising?

As of 24-Sep, R R Kabel Ltd is experiencing a decline in its stock price, currently at Rs 1,272.50, which reflects a decrease of Rs 20.75 or 1.6%. Today's price movement indicates a reversal after four consecutive days of gains, with the stock touching an intraday low of Rs 1,255.1, down 2.95%. Despite this drop, the stock has shown positive performance over the past week and month, with returns of +2.80% and +4.72%, respectively. The company maintains a low debt-to-equity ratio and has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 17.11%. However, the stock's year-to-date performance remains negative at -11.67%, and it has generated a return of -24.93% over the past year, despite profits rising by 17%.
In the broader market context, the Sensex has seen a slight decline of -1.18% over the past week, while R R Kabel's performance has outpaced this benchmark. The stock's liquidity is adequate, with a significant increase in delivery volume, suggesting rising investor participation. However, the stock is currently trading below some of its moving averages, which may indicate bearish sentiment among investors. High institutional holdings at 22.2% could provide some stability, as these investors typically have better resources to analyze the company's fundamentals. Overall, while the stock has shown some positive indicators, the recent price decline reflects a short-term correction amidst a backdrop of mixed performance relative to the broader market.