Why is Amic Forging falling/rising?

As of 03-Jul, Amic Forging Ltd is experiencing a decline in its stock price, currently at Rs 1,659.00, which reflects a decrease of Rs 19.45 or 1.16%. The stock has underperformed its sector by 0.99% today and has fallen after six consecutive days of gains. It touched an intraday low of Rs 1,637, marking a 2.47% drop. Despite this recent downturn, the stock has shown strong performance over the past week, with a return of 7.05%, and a notable 15.12% increase over the past month. Additionally, it has outperformed the benchmark Sensex significantly year-to-date, with a 22.45% gain compared to the Sensex's 6.53%. There is no information available regarding positive or negative factors that may have influenced the stock's recent movement.
In the broader market context, while Amic Forging has seen a decline today, its short-term performance remains strong relative to the Sensex, which has decreased by 0.62% over the same week. The stock's ability to maintain trading above its moving averages indicates underlying strength, despite today's price drop. Furthermore, rising investor participation, evidenced by a 36.02% increase in delivery volume, suggests continued interest in the stock, which may support its recovery in the near future. Overall, the stock's recent performance reflects a mix of short-term volatility and longer-term strength against the benchmark.