Why is Allied Digital falling/rising?

As of 09-Oct, Allied Digital Services Ltd is experiencing a decline in its stock price, currently at Rs 191.30, which reflects a decrease of Rs 1.9 or 0.98%. The stock has been underperforming, having fallen for three consecutive days with a total decline of 5.04% during this period. Today, it reached an intraday low of Rs 188.65, indicating a significant drop of 2.36%. Additionally, the stock's delivery volume has decreased by 52.94% compared to the five-day average, suggesting a reduction in investor participation. Despite a strong performance over the past week and month, with returns of 4.97% and 17.72% respectively, the year-to-date and one-year returns remain negative at -18.60% and -33.33%, highlighting a challenging longer-term trend.
In the broader market context, the Sensex has shown a positive return of 1.47% over the past week and 1.32% over the past month, contrasting with Allied Digital's recent struggles. While the stock has outperformed the benchmark in the short term, its recent performance indicates a divergence, particularly as it has underperformed its sector by 2.08% today. The stock's moving averages indicate that while it is above the shorter-term averages, it remains below the 200-day moving average, which could signal a bearish trend. Overall, the combination of declining investor participation and recent price movements suggests that Allied Digital is facing headwinds despite some positive short-term returns.