Why is Laxmi Dental falling/rising?

As of 18-Sep, Laxmi Dental Ltd's stock price is currently at 347.50, reflecting a decrease of 4.25, or 1.21%. The stock has been underperforming, having lost 4.51% over the last two days and underperformed its sector by 4.19% today. In terms of returns, while the stock has gained 11.38% over the past week, it has seen a slight decline of 0.57% over the past month. The stock's performance is currently higher than its 5-day and 20-day moving averages but lower than its 50-day, 100-day, and 200-day moving averages. There is a notable increase in investor participation, with delivery volume rising by 14.38% against the 5-day average, indicating some interest despite the recent price drop.
Broader market context shows that the medical equipment sector, in which Laxmi Dental operates, has gained 3.04%, suggesting a favorable environment for the industry overall. However, the stock's recent performance contrasts with the Sensex, which has risen by 1.80% over the past week and 2.14% over the past month. This indicates that while the broader market is experiencing growth, Laxmi Dental is struggling to keep pace, contributing to its recent decline. The lack of available positive or negative factors further complicates the understanding of the stock's specific challenges in the current market landscape.