Why is Aeroflex falling/rising?

As of 01-Jul, Aeroflex Industries Ltd is experiencing a decline in its stock price, currently at Rs 206.65, which reflects a decrease of Rs 6.05 or 2.84%. The stock has underperformed its sector by 3.4% today and has seen a trend reversal after four consecutive days of gains. It touched an intraday low of Rs 205.25, indicating a drop of 3.5%. Despite this decline, the stock has shown strong performance over the past year, generating a return of 29.00%, significantly outperforming the broader market returns of 3.20%. However, there has been a notable decrease in investor participation, with delivery volume falling by 20.44% compared to the five-day average, which may contribute to the current price drop.
In the broader market context, Aeroflex's short-term performance over the past week shows a gain of 3.61%, which is higher than the Sensex's increase of 2.00%. This suggests that while the stock is currently facing a decline, it has been performing well relative to the market in the recent past. The stock's liquidity remains adequate for trading, but the recent drop in delivery volume could indicate waning investor interest, which may be influencing the current price movement. Overall, while Aeroflex has demonstrated strong returns over the past year, the recent decline in price and investor participation may be causing concern among investors.