Why is Laxmi Dental falling/rising?

As of 29-Jul, Laxmi Dental Ltd's stock price is currently at Rs 425.75, reflecting a decline of Rs 11.5, or 2.63%. The stock has been underperforming, having lost 14.65% over the last six days, and it has opened today with a gain of 3.14%, reaching an intraday high of Rs 451 before dropping to a low of Rs 423.6. The stock's performance today has underperformed its sector by 4.41%. In terms of returns, the stock has seen a 1-week decline of 11.30%, while the Sensex has only decreased by 1.03% during the same period, indicating a significant underperformance relative to the broader market.
Broader Market Context: The stock's recent struggles are evident as it has consistently fallen over the past week, contrasting with the Sensex's relatively minor decline. Although the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages, suggesting a short-term weakness. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 25.67% compared to the 5-day average, which may further contribute to the stock's downward pressure. Overall, these factors indicate that Laxmi Dental Ltd is facing challenges that are impacting its stock price negatively in the current market environment.