Why is Ajax Engineering falling/rising?

As of 22-Sep, Ajax Engineering Ltd is experiencing a decline in its stock price, currently at Rs 659.55, which reflects a decrease of Rs 15.35 or 2.27%. The stock has underperformed its sector by 1.71% today and has fallen after four consecutive days of gains. It reached an intraday low of Rs 655.15, indicating a drop of 2.93%. In terms of returns, the stock has shown a slight increase of 1.31% over the past week, but it has decreased by 3.28% over the last month. The stock is currently trading above its 5-day and 200-day moving averages but below its 20-day, 50-day, and 100-day moving averages. There has been a notable increase in investor participation, with delivery volume rising by 312.51% against the 5-day average, suggesting heightened interest despite the price drop.
In the broader market context, the Sensex has increased by 0.46% over the past week, indicating that while Ajax Engineering has seen a short-term gain, it has not kept pace with the benchmark. The stock's performance over the last month is particularly concerning, as it has underperformed compared to the Sensex, which has gained 1.05%. This divergence may reflect broader market sentiments or sector-specific challenges that are impacting Ajax Engineering more severely than the overall market. Unfortunately, there is no information available regarding positive or negative factors that could further clarify the reasons behind the stock's recent movement.