Why is IEL falling/rising?

As of 28-Oct, IEL Ltd's stock price is currently at 8.22, reflecting a decline of 0.28, or 3.29%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total return of -6.91% over the past week. Despite this recent downturn, the stock has shown impressive performance year-to-date with an increase of 84.07% and a remarkable 109.87% rise over the past year. Today's trading activity indicates a significant increase in investor participation, with delivery volume rising by 60.63% compared to the five-day average, suggesting some level of interest despite the price drop. However, the stock is currently underperforming its sector by 2.54%.
In the broader market context, IEL Ltd's recent performance contrasts sharply with the Sensex, which has gained 0.24% over the past week. While the stock has experienced a notable decline in the short term, its long-term performance remains strong, significantly outpacing the benchmark over one year and five years. The stock's moving averages indicate that it is currently above the 50-day, 100-day, and 200-day averages, but below the 5-day and 20-day averages, which may indicate a short-term correction within a longer-term upward trend. Overall, the combination of recent price declines, despite strong historical performance and increased trading activity, reflects a complex interplay of factors affecting investor sentiment.