Why is Concord Control falling/rising?

As of 23-Sep, Concord Control Systems Ltd is experiencing a decline in its stock price, currently at Rs. 2,765.00, which reflects a decrease of Rs. 46.4 or 1.65%. The stock has recently hit a new 52-week and all-time high of Rs. 2,855 but has underperformed its sector by 0.9% today. After three consecutive days of gains, the stock has reversed its trend, touching an intraday low of Rs. 2,743, which indicates a drop of 2.43%. Despite this decline, the stock has shown strong performance over the past month and year, with returns of 30.77% and 50.27%, respectively, significantly outperforming the Sensex, which has only increased by 0.98% and decreased by 3.33% over the same periods. However, there has been a noted decrease in investor participation, with delivery volume falling by 1.71% against the five-day average.
In the broader market context, Concord Control's short-term return of 2.41% over the past week contrasts positively with the Sensex, which has seen a slight decline of 0.34%. This indicates that while the stock has been performing well relative to the benchmark in the short term, the recent price drop suggests a potential correction after reaching a high. The liquidity of the stock remains adequate, allowing for trades of Rs. 0.05 crore, which may help stabilize its price in the face of declining investor interest. Overall, the combination of a recent price high, a trend reversal, and falling investor participation contributes to the current downward movement in Concord Control's stock price.