Why is Bhagwati Auto falling/rising?

As of 23-Sep, Bhagwati Autocast Ltd is experiencing a decline in its stock price, currently at 457.45, which reflects a decrease of 24.6 points or 5.1%. The stock has been underperforming, having lost 8.78% over the last two days, and it touched an intraday low of Rs 451.2, marking a drop of 6.4%. Despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the stock has seen a significant decrease in investor participation, with delivery volume falling by 74.66% compared to the 5-day average. Over the past week, the stock has shown a positive return of 15.81%, but its year-to-date performance is relatively flat at 0.54%, and it has declined by 16.80% over the past year.
In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, contrasting with Bhagwati Autocast's strong weekly performance. However, the stock's recent consecutive falls indicate a troubling trend, especially as it has underperformed its sector by 4.29% today. While the stock has outperformed the Sensex over longer periods, such as a 3-year return of 113.76% compared to the benchmark's 41.31%, the current short-term decline suggests that market sentiment may be shifting negatively, impacting investor confidence and participation.