Why is Amit Internation falling/rising?

As of 19-Nov, Amit International Ltd is currently priced at 4.36, reflecting a decrease of 0.03, or 0.68%. The stock has underperformed its sector by 0.42% today and has experienced a trend reversal, falling after two consecutive days of gains. Despite this decline, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend in the longer term. However, there has been a significant drop in investor participation, with delivery volume falling by 54.25% compared to the 5-day average. Year-to-date, the stock has underperformed the benchmark, with a return of -1.58% compared to the Sensex's 9.02%.
In the broader market context, while Amit International has shown a positive return of 3.81% over the past week and 7.65% over the past month, it still lags behind the Sensex, which has returned 0.85% and 1.47% respectively during the same periods. Over the past year, the stock has declined by 4.18%, contrasting sharply with the Sensex's gain of 9.81%. This underperformance in the longer term, combined with the recent drop in trading volume and sector underperformance, suggests that investor sentiment may be cautious, contributing to the stock's current price decline.