Why is Delta Manufact. falling/rising?

As of 19-Sep, Delta Manufacturing Ltd's stock price is currently at Rs 88.75, reflecting a decrease of Rs 1.7 or 1.88%. The stock has underperformed its sector today by 1.99%, having opened with a gain of 4.42% but subsequently falling after three consecutive days of gains. The stock reached an intraday high of Rs 94.45 before dropping to a low of Rs 87.85, indicating high volatility with an intraday fluctuation of 6%. Despite a positive trend over the past month with a return of 7.65%, the year-to-date performance shows a significant decline of 18.47%. The stock's moving averages are higher than the 5-day, 20-day, 100-day, and 200-day averages but lower than the 50-day average. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 52.45% against the 5-day average.
In the broader market context, Delta Manufacturing's short-term performance over the past week shows a slight decline of 0.27%, while the benchmark Sensex has gained 0.88%. This underperformance relative to the benchmark suggests that investor sentiment may be cautious despite the recent gains. The stock's year-to-date decline of 18.47% contrasts sharply with the Sensex's positive return of 5.74%, indicating that broader market conditions may not be favoring Delta Manufacturing at this time. Overall, the combination of high volatility, recent price movements, and underperformance against the benchmark contributes to the stock's current downward trend.