Why is Ajax Engineering falling/rising?

As of 28-Jul, Ajax Engineering Ltd's stock price is currently at 662.80, reflecting a decrease of 10.7 points or 1.59%. The stock has been experiencing a downward trend, having lost 4.06% over the last three days. Although the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 858.15% against the 5-day average, indicating heightened interest despite the recent price decline. There is no information available regarding positive or negative factors impacting the stock.
In the broader market context, Ajax Engineering's performance over the past week shows a decline of 4.50%, which is worse than the benchmark Sensex's drop of 1.59%. Over the past month, however, Ajax has outperformed the Sensex, gaining 5.78% compared to the benchmark's loss of 3.77%. This suggests that while the stock is currently facing short-term challenges, it has shown resilience in the longer term relative to the market.