Why is Bhatia Colour falling/rising?

As of 22-Sep, Bhatia Colour Chem Ltd's stock price is currently at 399.95, reflecting a slight decrease of 0.05, or 0.01%. The stock has recently experienced a trend reversal after eight consecutive days of gains, which may have contributed to the current decline. Despite this, the stock has shown impressive performance over various periods, with a 1-week increase of 14.01%, a 1-month rise of 25.00%, and a year-to-date gain of 65.41%. Additionally, it reached a new 52-week and all-time high of Rs.403 earlier today. However, there has been a notable drop in investor participation, with delivery volume falling by 74.36% against the 5-day average, indicating a potential decrease in buying interest.
In the broader market context, Bhatia Colour's recent performance has significantly outpaced the benchmark Sensex, which only increased by 0.46% over the past week. The stock's strong returns over the past year, at 349.58%, contrast sharply with the Sensex's decline of 2.82% during the same period. This suggests that while the stock has been performing exceptionally well, the recent dip may be a natural correction after a prolonged rally, coupled with reduced trading activity. Overall, the stock remains liquid enough for trading, but the falling investor participation could be a concern for its short-term momentum.