Why is Khaitan (India) falling/rising?

As of 08-Oct, Khaitan (India) Ltd is experiencing a price increase, currently at 137.40, reflecting a rise of 6.65 or 5.09%. Despite this positive movement today, the stock has underperformed its sector significantly, with a performance that is 100.68% lower than the sector average. Additionally, the stock has shown erratic trading patterns, having not traded on 2 out of the last 20 days. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential downward trend. Furthermore, investor participation appears to be declining, as evidenced by a 13.56% drop in delivery volume compared to the 5-day average. The stock has demonstrated strong returns over various periods, including a 58.92% increase year-to-date and a remarkable 583.58% rise over the past five years, which suggests a strong long-term performance despite recent volatility.
In the broader market context, Khaitan (India) has outperformed the Sensex significantly over the past week, with a return of 5.57% compared to the benchmark's 0.98%. This trend continues over the month and year, where the stock has shown returns of 22.30% and 51.07%, respectively, against the Sensex's 1.22% and 0.17%. However, the recent underperformance in sector comparison and declining trading activity may indicate potential concerns among investors, despite the overall strong historical performance. This juxtaposition of short-term challenges against a backdrop of long-term gains may lead to cautious optimism among market participants.