Why is Ajax Engineering falling/rising?

As of 01-Aug, Ajax Engineering Ltd's stock price is currently at Rs 687.65, reflecting a decrease of Rs 8.05 or 1.16%. The stock has recently experienced a trend reversal, falling after three consecutive days of gains. Today's performance summary indicates that the stock outperformed its sector by 0.94%, despite touching an intraday low of Rs 665, which represents a decline of 4.41%. Over the past week, Ajax Engineering has shown a positive return of 2.10%, while its performance over the past month has been even stronger at 8.90%. However, the broader engineering sector has declined by 2.13%, which may have contributed to the stock's current downward movement. There is no information available regarding positive or negative factors that could further explain the stock's recent performance.
Broader Market Context: In the context of the broader market, Ajax Engineering's short-term return of 2.10% over the past week contrasts with the Sensex, which has declined by 1.06% during the same period. This indicates that Ajax Engineering has been performing relatively well compared to the overall market. However, the stock's recent decline suggests that it is not immune to the pressures affecting the engineering sector, which has seen a decrease. The significant increase in delivery volume, which rose by 1140.29% against the five-day average, indicates rising investor participation, but the overall market sentiment may still be weighing on the stock's price.