Why is Dr Lalchand. Lab falling/rising?

As of 03-September, Dr Lalchandani Labs Ltd's stock price is currently at Rs 25.99, reflecting a decrease of Rs 1.36 or 4.97%. The stock has recently hit a new 52-week high of Rs 28.7 but has fallen after eight consecutive days of gains. Today's performance shows that it underperformed its sector by 6.75%, with a wide trading range of Rs 2.71. Despite trading above its moving averages, the stock has seen a significant drop in investor participation, with delivery volume falling by 30.77% compared to the five-day average. Over the past year, the stock has shown a positive return of 20.88%, while year-to-date it has increased by 53.79%, indicating strong overall performance despite today's decline.
In the broader market context, the Sensex has experienced a slight decline of 0.27% over the past week, while Dr Lalchandani Labs Ltd has outperformed with an increase of 11.69% in the same period. However, the stock's recent downturn may be attributed to profit-taking after a strong rally, as indicated by the trend reversal following consecutive gains. The stock's liquidity remains adequate for trading, but the drop in delivery volume suggests a potential decrease in investor confidence, which could impact future price movements.