Why is Excel Industries falling/rising?

As of 05-Aug, Excel Industries Ltd's stock price is currently at Rs 1,289.00, reflecting a decrease of Rs 46.7, or 3.5%. The stock has been on a downward trend, having underperformed its sector by 3.34% today and experiencing a consecutive fall over the last five days, resulting in an overall decline of 8.73% during this period. The stock also reached an intraday low of Rs 1281.6, indicating significant selling pressure. While the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages, suggesting a short-term weakness. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 7.9% compared to the 5-day average, which may further contribute to the stock's decline.
In the broader market context, Excel Industries' recent performance contrasts with the benchmark Sensex, which has seen a smaller decline of 0.77% over the past week. Year-to-date, Excel Industries has a modest gain of 0.63%, while the Sensex has increased by 3.29%. Over the past year, the stock has outperformed the benchmark slightly with a return of 1.76% compared to the Sensex's 2.48%. However, the longer-term view shows that Excel Industries has underperformed the Sensex over the past three years, with a decline of 3.85% against the benchmark's substantial gain of 38.23%. This broader market context highlights that while Excel Industries has had some positive returns over the longer term, its recent performance has been lackluster, contributing to the current downward price movement.