Why is Hariyana Ship falling/rising?

As of 08-Sep, Hariyana Ship Breakers Ltd is currently priced at Rs 112.75, reflecting a decline of Rs 2.25, or 1.96%. The stock has recently experienced a trend reversal, falling after two consecutive days of gains. Although it opened with a gain of 2.61% today and reached an intraday high of Rs 118, it subsequently dropped to a low of Rs 112. The stock has outperformed its sector by 0.3% today, but its year-to-date performance shows a decline of 10.98%, contrasting with a 3.39% increase in the benchmark. The stock has also shown strong performance over the longer term, with a 305.58% increase over the past five years. However, the recent trading volume indicates that more activity occurred near the low price, suggesting some selling pressure.
Broader Market Context: In the context of the broader market, the stock's performance over the past week has been positive, with a 4.40% increase compared to a modest 0.53% rise in the Sensex. Despite this short-term outperformance, the stock's year-to-date decline is significant when compared to the benchmark's gains. Additionally, the overall trading in the sector has decreased by 2.34%, which may be contributing to the downward pressure on Hariyana Ship's stock price. Rising investor participation, indicated by a 10.69% increase in delivery volume, could suggest a potential for recovery, but the current price movement reflects a cautious sentiment among investors.