Why is Godrej Industrie falling/rising?

As of 11-Jul, Godrej Industries Ltd is experiencing a decline in its stock price, currently at Rs 1,098.30, which reflects a decrease of Rs 35.65 or 3.14%. The stock has underperformed its sector by 1.79% today and has been on a consecutive downward trend for the last four days, resulting in a total decline of 6.13% during this period. Additionally, the stock has shown a negative performance of 14.28% over the past month, while its year-to-date performance is down by 4.50%. Despite a strong annual return of 20.49%, the stock's recent movement is influenced by falling investor participation, as evidenced by a significant drop in delivery volume by 64.68% compared to the five-day average.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a slight decline of only 1.12% over the past week, Godrej Industries' performance has been notably worse, with a 5.90% drop in the same timeframe. The stock's recent struggles come despite positive financial results, including substantial growth in profit before tax and net profit, as well as increased promoter confidence with a 3.92% rise in their stake. However, the stock's current trading position, being lower than several short-term moving averages, combined with a significant decrease in trading volume, suggests a challenging environment for the stock in the short term.