Why is Laxmi Dental falling/rising?

As of 02-Jul, Laxmi Dental Ltd's stock price is currently at Rs 424.50, reflecting a decrease of Rs 4.5 or 1.05%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 2.39%. Despite opening with a gain of 2.56% today and reaching an intraday high of Rs 440, the stock's performance has been hindered by a significant drop in investor participation, with delivery volume falling by 43.79% compared to the 5-day average. Additionally, while the stock has shown a positive return of 8.50% over the past month, it has underperformed the sector by 1.65% today.
In the broader market context, the Sensex has gained 0.79% over the past week, contrasting with Laxmi Dental's decline of 1.14% during the same period. This indicates that the stock is not only facing challenges specific to its performance but is also lagging behind the overall market trend. The stock's liquidity remains adequate for trading, but the recent drop in delivery volume suggests a waning interest among investors, which could further contribute to its downward price movement. Overall, the combination of recent underperformance, reduced investor engagement, and a lack of positive factors has led to the stock's current decline.