Why is BLB falling/rising?

As of 08-Aug, BLB Ltd's stock price is currently at 16.71, reflecting a decrease of 0.74, or 4.24%. The stock has recently underperformed its sector by 3.53%, following a trend reversal after two consecutive days of gains. Despite the recent decline, the stock has shown strong performance over the past week and month, with increases of 9.29% and 12.30%, respectively. However, it has a year-to-date decline of 15.99% and a longer-term decline over three years of 9.68%. The stock's moving averages indicate it is higher than the 5-day, 20-day, 50-day, and 100-day averages but lower than the 200-day average. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 592.43% compared to the 5-day average, indicating heightened interest despite the current price drop.
In the broader market context, BLB Ltd's recent performance contrasts with the Sensex, which has seen a slight decline of 0.92% over the past week and a more significant drop of 4.60% over the past month. While the stock has outperformed the benchmark in the short term, its year-to-date performance is notably worse than the Sensex, which has gained 2.20% during the same period. This divergence suggests that while BLB Ltd has experienced some short-term gains, the overall market conditions and its longer-term performance are contributing to the current decline in its stock price.