Why is Birla Cable falling/rising?

As of 19-Sep, Birla Cable Ltd's stock price is currently at 172.60, reflecting a decrease of 0.4, or 0.23%. The stock has underperformed its sector by 0.61% today and has experienced a trend reversal, falling after two consecutive days of gains. Notably, the stock's delivery volume has decreased significantly, down by 43.63% compared to the 5-day average, indicating a decline in investor participation. Over the past week, the stock has shown a positive return of 4.73%, but it has a year-to-date decline of 19.40% and a one-year decline of 33.13%, suggesting ongoing challenges despite some recent short-term gains.
In the broader market context, the Sensex has increased by 0.88% over the past week, which highlights that Birla Cable's performance is lagging behind the benchmark. While the stock has outperformed the Sensex over the past month with an 8.32% return compared to the benchmark's 1.20%, its year-to-date and one-year performances indicate significant underperformance relative to the broader market. The liquidity of the stock remains adequate for trading, but the falling investor participation and recent price movement suggest caution among investors, contributing to the stock's current decline.