Why is Krishanveer Forg falling/rising?

As of 24-Oct, Krishanveer Forge Ltd is experiencing a decline in its stock price, currently at Rs 141.00, which reflects a decrease of Rs 5.00 or 3.42%. The stock has underperformed its sector today by 2.06% and has reversed its trend after four consecutive days of gains. It reached an intraday high of Rs 150 but fell to a low of Rs 141, indicating volatility within the trading session. Despite this drop, the stock has shown strong performance over the longer term, with a year-to-date increase of 35.58% and a remarkable 479.06% rise over the past five years. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 173.57% against the five-day average, suggesting continued interest despite the recent price drop.
In the broader market context, Krishanveer Forge's short-term performance over the past week shows a gain of 2.69%, which is significantly higher than the Sensex's increase of only 0.31%. This indicates that while the stock is currently facing a decline, it has been outperforming the benchmark in the recent past. The liquidity of the stock remains adequate for trading, which may help stabilize its price in the future. However, the current negative movement may be influenced by profit-taking after the recent gains, as well as the stock's underperformance today compared to its sector.