Why is Ajax Engineering falling/rising?

As of 15-Sep, Ajax Engineering Ltd's stock price is currently at 651.05, reflecting a decrease of 2.45, or 0.37%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.66% during this period. Additionally, Ajax Engineering is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a significant increase in investor participation, with delivery volume rising by 1109.36% against the 5-day average, the overall performance remains weak, as evidenced by the stock's 1-week and 1-month returns of -5.20% and -7.99%, respectively. There is no information available regarding positive or negative factors that could have influenced the stock's recent movement.
In the broader market context, Ajax Engineering's performance has notably lagged behind the benchmark Sensex, which has gained 1.24% over the past week and 1.47% over the past month. This stark contrast highlights the stock's struggles in a generally positive market environment. The underperformance against the benchmark, combined with the stock's declining trend and lack of positive catalysts, suggests that investor sentiment may be cautious, contributing to the ongoing price decline.