Why is Belrise Industri falling/rising?

As of 22-Sep, Belrise Industries Ltd is experiencing a decline in its stock price, currently at Rs 153.95, which reflects a decrease of Rs 3.05 or 1.94%. The stock has underperformed its sector by 1.83% today and reached an intraday low of Rs 152.15. Despite this, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend over the longer term. The stock has shown a 3.77% increase over the past week and a 4.98% increase over the past month, although it is currently 3.64% away from its 52-week high of Rs 159.55. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 16.85% against the 5-day average, which may contribute to the downward pressure on the stock price.
In the broader market context, Belrise Industries' recent performance can be compared to the Sensex, which has increased by 0.46% over the past week and 1.05% over the past month. While Belrise has outperformed the benchmark in the short term, the current decline suggests that investor sentiment may be shifting, particularly given the drop in delivery volume. The overall market appears to be stable, but the specific challenges facing Belrise, such as reduced investor participation, may be influencing its stock price negatively despite its recent gains in the longer term.