Why is Belrise Industri falling/rising?

As of 02-Sep, Belrise Industries Ltd is experiencing a decline in its stock price, currently at 136.70, which reflects a decrease of 0.8 or 0.58%. The stock has been underperforming, having lost 6.78% over the last six days, and it has also underperformed its sector by 0.84% today. In terms of returns, the stock has fallen 3.12% over the past week and 3.05% over the past month, while the benchmark Sensex has only declined by 0.78% and 0.55% in the same periods. Additionally, the stock's delivery volume has decreased significantly, falling by 42.39% against the 5-day average, indicating a drop in investor participation.
Broader Market Context: The stock's recent performance contrasts with the benchmark Sensex, which has shown relatively stable returns. While the Sensex has increased by 2.58% year-to-date and 36.32% over the last three years, Belrise Industries does not have year-to-date or one-year return data available, but it has underperformed in the short term compared to the benchmark. The stock is currently trading above its 50-day, 100-day, and 200-day moving averages, but below its 5-day and 20-day moving averages, suggesting mixed signals in terms of momentum. Overall, the combination of declining investor interest and consistent short-term losses contributes to the stock's downward trajectory.