Why is Globus Spirits falling/rising?

As of 05-Aug, Globus Spirits Ltd is experiencing a decline in its stock price, currently at Rs 1,188.00, which reflects a decrease of Rs 47.05 or 3.81%. The stock has been underperforming recently, having fallen for three consecutive days, resulting in a total decline of 6.91% during this period. Despite opening with a gain of 2.77% today and reaching an intraday high of Rs 1,269.25, it also touched a low of Rs 1,126.4, indicating significant volatility with an intraday fluctuation of 8.39%. The stock's performance over the past week shows a decline of 5.66%, while it has seen a positive return of 24.66% over the past month, suggesting a recent downturn after a period of growth. Additionally, the delivery volume has decreased significantly, falling by 47.89% against the five-day average, indicating a drop in investor participation.
In the broader market context, the Sensex has only declined by 0.77% over the past week, which highlights that Globus Spirits' short-term performance is notably worse than the benchmark. While the stock has shown strong returns year-to-date and over the past year, its recent performance contrasts sharply with the benchmark's modest gains. This underperformance, coupled with high volatility and reduced investor participation, suggests that market sentiment may be shifting negatively for Globus Spirits, contributing to its current price decline.