Why is Ajax Engineering falling/rising?

As of 02-September, Ajax Engineering Ltd's stock price is currently at 685.55, reflecting a decline of 8.1 points or 1.17%. The stock has been underperforming, having lost 4.66% over the last two days and underperformed its sector by 2.74% today. In the past week, the stock has decreased by 1.03%, while it has shown a modest gain of 2.70% over the last month. The stock's performance is higher than its 50-day, 100-day, and 200-day moving averages, but lower than its 5-day and 20-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 483.4% against the 5-day average, indicating heightened interest despite the recent price decline.
In the broader market context, the Sensex has experienced a slight decline of 0.78% over the past week, which suggests that the overall market sentiment is somewhat negative but not as severe as Ajax Engineering's recent performance. The stock's short-term return is worse than the benchmark, indicating that it is not keeping pace with the market. While the specific positive and negative factors affecting the stock are not available, the combination of recent price declines and underperformance relative to both the sector and the benchmark suggests a challenging environment for Ajax Engineering Ltd at this time.