Why is Ajax Engineering falling/rising?

As of 16-Sep, Ajax Engineering Ltd is currently priced at 651.20, reflecting a slight increase of 0.15 (0.02%). The stock has shown a trend reversal, gaining after three consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Despite this, there has been a notable rise in investor participation, with delivery volume on 15 September increasing by 492.05% compared to the 5-day average. The stock's performance over the past week and month has been negative, with declines of 4.31% and 7.96%, respectively, while the benchmark Sensex has shown positive returns of 1.58% and 2.21% during the same periods.
In the broader market context, Ajax Engineering's recent performance contrasts sharply with the Sensex, which has been gaining ground. The stock's underperformance relative to the benchmark suggests a lack of investor confidence, despite the recent uptick in trading volume. The absence of specific positive or negative factors in the dashboard limits the analysis of external influences on the stock's movement. Overall, while there has been a minor price increase, the stock's recent history and its position relative to market averages indicate ongoing challenges.