Why is Lak. Prec. Screw falling/rising?

As of 13-Aug, Lakshmi Precision Screws Ltd is experiencing a decline in its stock price, currently at Rs. 6.92, which reflects a decrease of 0.36 or 4.95%. The stock has recently hit a new 52-week high of Rs. 7.64 but has fallen after 11 consecutive days of gains. Despite this recent downturn, the stock has shown strong performance over the past month with a return of 41.80%, significantly outperforming the Sensex, which declined by 2.38%. Additionally, the stock is trading above its moving averages across various time frames, indicating a generally positive trend prior to this drop. However, it has underperformed its sector by 4.72% today, and the absence of specific positive or negative factors in the dashboard limits a deeper analysis of the reasons behind the stock's recent movements.
In the broader market context, the stock's short-term performance over the past month stands in stark contrast to the benchmark Sensex, which has seen a slight decline. While Lakshmi Precision Screws Ltd has gained 41.80% in the last month, the Sensex has decreased by 2.38%, highlighting the stock's strong relative performance. However, the recent price drop may reflect profit-taking after a significant rally, coupled with a broader market sentiment that could be affecting investor confidence. The increase in delivery volume suggests rising investor participation, but the current price movement indicates that this enthusiasm may be tempered by the stock's recent underperformance relative to its sector.