Why is Basilic Fly Stud falling/rising?

As of 17-Sep, Basilic Fly Studio Ltd's stock price is currently at 400.10, reflecting a decline of 14.85 points or 3.58%. The stock has underperformed its sector today by 2.39%. In terms of recent performance, the stock has seen a significant drop of 16.12% over the past week and 10.47% over the past month. Although it has a year-to-date increase of 21.19%, it has experienced a notable decline of 19.55% over the past year. The stock is currently trading higher than its 200-day moving average but lower than its 5-day, 20-day, 50-day, and 100-day moving averages. Additionally, there has been a rise in investor participation, with a delivery volume increase of 46.62% compared to the 5-day average, indicating some interest despite the price drop. There are no specific positive or negative factors available to further explain the stock's recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.43% over the past week and 2.84% over the past month, Basilic Fly Studio Ltd's stock has significantly underperformed in the short term. The Sensex has also shown a year-to-date return of 7.13%, contrasting with the stock's positive YTD performance. This disparity suggests that while the stock has had a strong year-to-date performance, its recent declines are not aligned with the broader market trends, indicating potential concerns among investors regarding its short-term outlook.