Why is Aeroflex falling/rising?

As of 17-Jul, Aeroflex Industries Ltd is experiencing a decline in its stock price, currently at Rs 211.50, which reflects a decrease of Rs 5.45 or 2.51%. The stock has underperformed its sector by 2.98% today and has fallen after three consecutive days of gains. It reached an intraday low of Rs 210.15, indicating a drop of 3.13%. Despite this recent downturn, Aeroflex has shown strong performance over the past year, with a return of 32.89%, significantly outperforming the broader market's return of 1.91%. However, there has been a notable decrease in investor participation, with delivery volume falling by 12.6% compared to the five-day average, which may contribute to the stock's current price movement.
In the broader market context, Aeroflex's recent performance contrasts with the Sensex, which has seen a slight decline of 1.12% over the past week. While Aeroflex has generated a positive return of 5.96% in the same timeframe, the overall market sentiment appears to be less favorable. The stock's liquidity remains adequate for trading, but the recent drop in delivery volume suggests a potential decrease in investor confidence. Despite the company's low debt-to-equity ratio and strong historical performance, these factors may not be sufficient to counteract the current downward trend in stock price.