Why is Hemant Surgical falling/rising?

As of 22-Sep, Hemant Surgical Industries Ltd is experiencing a decline in its stock price, currently at Rs 352.65, which represents a decrease of Rs 7.15 or 1.99%. The stock has underperformed its sector by 1.56% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 3.94% during this period. Despite this recent decline, the stock has shown strong performance over the longer term, with a year-to-date increase of 179.44% and a one-year return of 132.01%. The stock is currently 4.1% away from its 52-week high of Rs 367.1. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 121.31% compared to the 5-day average, indicating ongoing interest despite the recent price drop.
In the broader market context, the stock's short-term performance over the past week has been positive, with a return of 1.92%, while the benchmark Sensex has only increased by 0.46% during the same period. This suggests that, despite the recent decline, Hemant Surgical has been outperforming the market in the short term. However, the current price movement indicates some volatility, as it is trading lower than its recent averages, particularly the 5-day moving average. Overall, while the stock has shown remarkable growth over the year, the recent price drop reflects a temporary setback amidst a backdrop of strong investor interest and significant long-term gains.