Why is Kilburn Engg. falling/rising?

As of 08-Aug, Kilburn Engineering Ltd's current price is Rs. 531.85, reflecting a decrease of Rs. 9.8 or 1.81%. The stock recently reached a new 52-week high of Rs. 555 but has since underperformed its sector by 0.42%. Despite this decline, the stock has shown strong performance over various periods, with a 1-month return of 14.02% and a remarkable 3-year return of 1299.61%. The trading volume has increased significantly, with delivery volume rising by 96.66% against the 5-day average, indicating rising investor participation. However, the stock's weighted average price suggests that more volume was traded closer to the day's low, which may have contributed to the current price drop.
In the broader market context, the Sensex has decreased by 0.92% over the past week, while Kilburn Engineering has gained 2.37%, indicating that the stock is outperforming the benchmark in the short term. However, the stock's recent price decline may reflect profit-taking after reaching its intraday high, combined with the overall market sentiment. The stock's liquidity remains adequate for trading, which may help mitigate larger price swings in the future. Overall, while Kilburn Engineering has shown strong long-term performance, the recent price movement suggests a correction after hitting a high, influenced by sector performance and market conditions.