Why is Azad Engineering falling/rising?

As of 06-Oct, Azad Engineering Ltd is currently priced at 1,717.85, reflecting a decrease of 10.65 points or 0.62%. Despite this decline, the stock has shown a positive trend over the past week and month, with returns of 7.69% and 8.97%, respectively. However, today's performance indicates a slight underperformance against its sector by 0.49%. The stock has recently experienced a trend reversal after two consecutive days of gains. Notably, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting overall strength. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 557.16% compared to the 5-day average. The company boasts a low debt-to-equity ratio and has reported positive results for the last six quarters, contributing to a healthy long-term growth outlook.
In the broader market context, Azad Engineering's performance has outpaced the benchmark, with a 21.91% return over the past year compared to the BSE500's negative return of -1.93%. However, the stock's year-to-date performance shows a slight decline of 0.25%, contrasting with the Sensex's gain of 4.67%. This indicates that while the stock has performed well over the long term, it is currently facing some challenges in the short term relative to the broader market. The combination of recent price declines, despite strong fundamentals and historical performance, suggests that market conditions or investor sentiment may be influencing the stock's current trajectory.