Why is Avax Apparels falling/rising?

As of 26-Sep, Avax Apparels and Ornaments Ltd is experiencing a decline in its stock price, currently at Rs 120.40, reflecting a decrease of Rs 6.3 or 4.97%. The stock has underperformed its sector by 3.42% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 9.71% during this period. Despite the stock being higher than the 20-day, 100-day, and 200-day moving averages, it is lower than the 5-day and 50-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 164.71% against the 5-day average, indicating some interest despite the price drop. There is no information available regarding positive or negative factors impacting the stock.
Broader Market Context: In the context of market performance, Avax Apparels has shown a modest increase of 0.33% over the past week, while the benchmark Sensex has declined by 2.66%. Over the past month, the stock has outperformed the benchmark with an 8.42% increase compared to a slight drop of 0.45% in the Sensex. This suggests that while the stock is currently facing a downturn, it has had a relatively strong performance in the short term compared to the broader market trends.