Why is Forge Auto falling/rising?

As of 16-Jul, Forge Auto International Ltd is experiencing a decline in its stock price, currently at 138.30, which reflects a decrease of 7.2 points or 4.95%. Despite this drop, the stock has shown strong performance over the past week and month, with returns of +37.27% and +53.67%, respectively. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend prior to this decline. The recent increase in delivery volume, which rose by 87.95% against the 5-day average, suggests rising investor participation, although specific positive or negative factors impacting the stock's recent movement are not available.
In the broader market context, while Forge Auto has underperformed its sector today by 4.65%, it has significantly outperformed the Sensex over the past week and month, indicating that the stock's recent decline may be more of a short-term correction rather than a reflection of long-term weakness. The Sensex has shown a slight decline of -1.04% over the past week and a modest gain of +1.06% over the past month, contrasting with Forge Auto's impressive returns. This suggests that while the stock is currently facing a downturn, its overall performance remains strong relative to the broader market trends.