Why is Bhageria Indust. falling/rising?

As of 28-Oct, Bhageria Industries Ltd is experiencing a decline in its stock price, currently at 220.00, which reflects a decrease of 12.8 points or 5.5%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 6.94%. Today, it opened with a loss of 2% and traded within a wide range of Rs 22.3, reaching an intraday high of Rs 238.3 and a low of Rs 216. The stock's performance has also been negatively impacted by a significant drop in delivery volume, which fell by 40.42% compared to the five-day average. Despite trading above its moving averages, the high volatility of 5.77% indicates uncertainty among investors.
Broader market context shows that while Bhageria Industries has delivered a strong performance over the past week and month, with returns of 13.02% and 23.66% respectively, it is currently underperforming against the benchmark Sensex, which has only increased by 0.24% in the past week. The stock's year-to-date return of 14.05% also outpaces the Sensex's 8.30%, suggesting that the recent decline may be more reflective of short-term volatility rather than a long-term trend. Overall, the combination of recent price drops, reduced investor participation, and high volatility contributes to the current downward movement of Bhageria Industries Ltd's stock.