Why is Bharat Gears falling/rising?

As of 23-Sep, Bharat Gears Ltd is experiencing a decline in its stock price, currently at Rs 105.50, which reflects a decrease of Rs 3.79 or 3.47%. The stock has underperformed its sector by 3.97% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 105.08, indicating a significant drop. Despite this, the stock has shown positive performance over the past week and month, with returns of 9.42% and 11.66%, respectively. Additionally, it is trading above its moving averages across various time frames, suggesting some underlying strength. However, the lack of available positive or negative factors makes it difficult to pinpoint specific reasons for the recent price movement.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a slight decline of 0.34% over the past week, Bharat Gears has outperformed with a gain of 9.42%. This indicates that while the stock is currently facing a downturn, it has been performing well relative to the broader market in the short term. The rising investor participation, evidenced by a significant increase in delivery volume, suggests that there is still interest in the stock despite today's price drop. Overall, the stock's recent performance reflects a complex interplay of short-term volatility and longer-term positive trends.