Why is Kridhan Infra falling/rising?

As of 24-Jun, Kridhan Infra Ltd is currently priced at 4.91, reflecting a decrease of 0.08, or 1.6%. The stock has recently underperformed its sector by 1.94% and has experienced a trend reversal, falling after two consecutive days of gains. Despite this decline, Kridhan Infra is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend in the longer term. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 16.44% compared to the 5-day average. Over the past week, the stock has shown a return of 6.74%, significantly outperforming the Sensex, which only gained 0.58%.
In the broader market context, while Kridhan Infra has had a strong performance over the past month with a return of 30.93%, it has struggled year-to-date with a decline of 15.20%, contrasting with the Sensex's gain of 5.01% during the same period. This discrepancy highlights the stock's volatility and potential challenges it faces in maintaining momentum. The lack of specific positive or negative factors in the dashboard makes it difficult to pinpoint precise reasons for the recent price movement, but the overall performance suggests that while there are positive trends in trading volume and moving averages, the stock's recent decline may be influenced by profit-taking after prior gains.