Why is Belrise Industri falling/rising?

As of 08-Aug, Belrise Industries Ltd is experiencing a decline in its stock price, currently at Rs 134.75, which represents a decrease of Rs 2.3 or 1.68%. The stock has shown a negative performance today, touching an intraday low of Rs 134.2, and its delivery volume has significantly decreased by 62.02% compared to the 5-day average. Although the stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, it is below the 5-day moving average, indicating some short-term weakness. Over the past week, the stock has declined by 4.43%, while it has performed positively over the past month with a gain of 19.72%. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.
In the broader market context, the Sensex has also experienced a slight decline of 0.92% over the past week, which suggests that the stock's recent performance is somewhat in line with the overall market trend. However, the significant drop in investor participation and the stock's underperformance relative to its recent highs may indicate a lack of confidence among investors, contributing to the current downward movement. The stock's liquidity remains adequate for trading, but the overall sentiment appears to be cautious, reflecting the recent volatility in both the stock and the benchmark index.