Why is Dhariwalcorp falling/rising?

As of 22-Sep, Dhariwalcorp Ltd's stock price is currently at 205.35, reflecting a decline of 9.25 points or 4.31%. Despite this drop, the stock has shown strong performance in the past week, with a return of 14.72%, and a significant year-to-date increase of 57.96%. The stock reached a new 52-week high of Rs. 216.75 earlier today, indicating strong upward momentum prior to the current decline. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically suggests a bullish trend. However, it has underperformed its sector by 2.49% today, which may have contributed to the price drop. There is also a notable increase in investor participation, with delivery volume rising significantly, indicating heightened interest in the stock.
In the broader market context, Dhariwalcorp's recent performance contrasts sharply with the Sensex, which has only gained 0.53% over the past week. This suggests that while Dhariwalcorp has outperformed the benchmark in the short term, the current decline may be a correction after reaching a high. The stock's year-to-date performance of 57.96% also stands in stark contrast to the Sensex's 6.59% increase, highlighting the stock's strong relative strength. However, the overall market sentiment may be affecting investor confidence, leading to the recent price decline despite the stock's strong historical performance.