Why is Ajax Engineering falling/rising?

As of 27-Jun, Ajax Engineering Ltd is experiencing a decline in its stock price, currently at 626.60, which reflects a decrease of 4.05 or 0.64%. The stock has been losing value for the last two days, with a total drop of 1.29% during this period. In terms of performance, the stock has shown a 3.57% increase over the past week, but it has fallen 8.59% over the last month. While the stock's current price is higher than its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 315.3% compared to the 5-day average, indicating heightened interest despite the recent price drop. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.
In the broader market context, Ajax Engineering's recent performance can be compared to the Sensex, which has increased by 2.00% over the past week and 3.07% over the last month. This suggests that while the stock has outperformed the benchmark in the short term, its longer-term performance is lagging significantly, as evidenced by the 8.59% decline over the past month compared to the Sensex's positive return. The stock's liquidity appears adequate for trading, with a value of Rs 0.27 crore based on 2% of the 5-day average traded value, which may support further trading activity despite the current downward trend.