Why is Exhicon Events falling/rising?

As of 29-Aug, Exhicon Events Media Solutions Ltd is experiencing a decline in its stock price, currently at Rs 551.00, which reflects a decrease of Rs 9.1 or 1.62%. The stock has underperformed its sector today by 1.79% and has been on a downward trend for the last two days, resulting in a total drop of 3.59% during this period. Despite this recent decline, the stock has shown strong performance over the longer term, with a year-to-date increase of 51.79% and a one-year return of 89.67%. It is also trading above its moving averages, indicating a generally positive trend prior to the recent falls. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 96.63% compared to the five-day average, suggesting ongoing interest in the stock despite the current price drop.
In the broader market context, the Sensex has declined by 1.84% over the past week and 1.88% over the past month, indicating a challenging environment for stocks in general. While Exhicon Events has outperformed the benchmark in terms of longer-term returns, its recent performance contrasts with the overall market trend, which has been negative. The stock's current price is also close to its 52-week high, just 3.72% away, which may indicate some profit-taking among investors. Overall, while the stock has shown resilience in the long term, the recent price movement reflects a combination of sector underperformance and broader market pressures.