Why is Aplab falling/rising?

As of 07-Oct, Aplab Ltd's stock price is currently at 76.26, reflecting a decrease of 1.55, or 1.99%. The stock has underperformed its sector today by 1.96%, and it has remained flat, trading at the same price since opening. Over the past week, Aplab has seen a decline of 3.98%, while its performance over the last month shows a significant increase of 19.16%. Despite this recent uptick, the year-to-date return is down by 8.10%, indicating a challenging environment for the stock. The stock's moving averages are higher than the 20-day, 50-day, 100-day, and 200-day averages, but lower than the 5-day average, suggesting mixed signals. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 47.6% against the 5-day average, which may indicate growing interest despite the current price drop.
In the broader market context, Aplab's recent performance contrasts sharply with the Sensex, which has gained 2.07% over the past week. This divergence highlights the stock's struggles relative to the overall market, especially given its year-to-date decline compared to the Sensex's 4.85% increase. While Aplab has shown strong returns over longer periods, such as 231.57% over three years and 292.08% over five years, the recent short-term performance suggests that investors may be cautious. The lack of available positive or negative factors further complicates the analysis, leaving uncertainty about the underlying reasons for the stock's current downward movement.