Why is Ajax Engineering falling/rising?

As of 02-Jul, Ajax Engineering Ltd's stock price is currently at 627.90, reflecting a decrease of 3.55 points or 0.56%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 0.62%. In the past week, the stock has decreased by 1.09%, and over the past month, it has seen a decline of 2.73%. Although the stock is trading higher than its 20-day moving averages, it remains below the 5-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 362.11% against the 5-day average, indicating heightened interest despite the stock's recent downturn. There is no information available regarding positive or negative factors impacting the stock.
In the broader market context, the stock's performance has lagged behind the benchmark index, the Sensex, which has gained 0.79% over the past week and 2.50% over the past month. This underperformance suggests that while the overall market is experiencing upward momentum, Ajax Engineering Ltd is struggling to keep pace. The liquidity of the stock appears adequate for trading, as it is based on 2% of the 5-day average traded value, indicating that it can accommodate trades of Rs 0.16 crore.