Why is BPL falling/rising?

As of 06-Nov, BPL Ltd's stock price is currently at 72.00, reflecting a decrease of 0.92, or 1.26%. The stock has been experiencing a downward trend, having fallen consecutively for the last two days, resulting in a total decline of 4.72% during this period. Additionally, BPL is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite this, the stock outperformed its sector by 1.92% today, and there has been a notable increase in investor participation, with delivery volume rising by 241.28% compared to the 5-day average. However, the stock's performance over the past week shows a decline of 4.01%, and it has significantly underperformed the benchmark, the Sensex, with a year-to-date drop of 29.89% compared to the Sensex's gain of 6.62%.
In the broader market context, BPL Ltd's recent performance contrasts sharply with the overall market, as the Sensex has shown a positive return of 1.86% over the past month while BPL has declined by 8.81%. The medical equipment sector, to which BPL belongs, has also faced challenges, with a decline of 3.23%. This broader sector weakness, combined with BPL's own poor performance over various time frames, contributes to the stock's current downward trajectory. The stock's long-term performance remains positive, with a 5-year return of 314.99%, but the recent trends indicate significant volatility and investor caution in the short term.