Why is Khaitan (India) falling/rising?

As of 31-Oct, Khaitan (India) Ltd's stock price is currently at Rs 122.00, reflecting a decrease of Rs 4.95, or 3.9%. The stock has been underperforming, having fallen for the last two days with a total decline of 4.16% during this period. It has also underperformed its sector by 3.67% today. The stock's performance over the past week shows a decline of 3.21%, and over the past month, it has decreased by 6.26%. Despite a strong year-to-date return of 41.11%, the recent trends indicate a drop in investor participation, with delivery volume falling by 36.89% against the 5-day average, which may be contributing to the stock's downward movement.
Broader market context indicates that while the Sensex has only declined by 0.32% over the past week, Khaitan's stock has significantly underperformed in comparison. The stock's current price is higher than its 200-day moving average but lower than its 5-day, 20-day, 50-day, and 100-day moving averages, suggesting a potential shift in momentum. Overall, the combination of falling investor interest and recent price declines, alongside a relatively stable broader market, appears to be driving the stock's current downward trajectory.