Why is Hiliks Technolog falling/rising?

As of 28-Oct, Hiliks Technologies Ltd is experiencing a decline in its stock price, currently at Rs 63.00, which reflects a decrease of Rs 2.6 or 3.96%. The stock has been underperforming, having lost 13.1% over the past week and has been on a consecutive downward trend for four days. Despite opening with a gain of 2.42% today and reaching an intraday high of Rs 67.19, it ultimately fell to a low of Rs 62.32. The stock's performance has been notably poor year-to-date, with a decline of 45.48%, although it has shown significant growth over the longer term, with a 555.57% increase over the past three years. There is a notable increase in investor participation, with delivery volume rising by 157.28% against the five-day average, indicating some interest despite the recent price drop.
In the broader market context, the Sensex has shown a slight increase of 0.24% over the past week, contrasting with Hiliks Technologies' significant decline. While the stock has outperformed the benchmark over the past month with a return of 7.18% compared to the Sensex's 5.22%, the recent short-term performance indicates a stark divergence. The stock's liquidity remains adequate for trading, but the overall negative sentiment, reflected in its consecutive falls and underperformance against the sector, suggests that investors are currently cautious. The absence of specific positive or negative factors in the dashboard limits a deeper analysis of the underlying causes for the stock's recent movements.