Why is Candour Techtex falling/rising?

As of 18-Nov, Candour Techtex Ltd's stock price is currently at Rs 136.00, reflecting a decrease of Rs 5.0 or 3.55%. The stock has been on a downward trend, having underperformed its sector by 1.26% today and experiencing a consecutive decline over the last four days, resulting in a total drop of 6.37% during this period. The stock's performance over the past week shows a decline of 5.85%, although it has had a positive return of 2.16% over the past month and impressive gains of 34.65% year-to-date. Despite being above the 50-day, 100-day, and 200-day moving averages, it is currently below the 5-day and 20-day moving averages. The stock's liquidity appears adequate for trading, with a notable increase in delivery volume on November 17.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.96% over the past week, Candour Techtex's performance has significantly lagged, indicating a relative weakness in the stock's price movement. The textile machinery sector, in which the company operates, has also seen a decline of 2.5%, contributing to the negative sentiment surrounding the stock. Overall, while the stock has shown strong long-term performance, recent trends and sector movements suggest that investor sentiment may be shifting, leading to the current decline in price.