Why is Ather Energy falling/rising?

As of 26-Jun, Ather Energy Ltd's stock price is currently at Rs 335.85, reflecting a decrease of Rs 4.85, or 1.42%. The stock has recently underperformed its sector by 1.8% and has experienced a trend reversal after two consecutive days of gains. It touched an intraday low of Rs 333, which is a decline of 2.26%. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend over the longer term. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 416.55% against the 5-day average, suggesting heightened interest in the stock. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Ather Energy has shown a strong performance over the past week, with a return of 5.61%, significantly outperforming the Sensex, which returned 2.94% in the same period. Over the past month, Ather Energy's return of 5.50% also surpasses the Sensex's 1.92%. This indicates that while the stock is currently experiencing a decline, its recent performance has been robust compared to the benchmark, suggesting that the current dip may be a temporary fluctuation rather than a reflection of overall weakness in the stock.