Why is Linc falling/rising?

As of 02-Jul, Linc Ltd's stock price is currently at 153.10, reflecting a decrease of 0.4, or 0.26%. The stock has been experiencing a decline, having fallen consecutively for the last two days, resulting in a total drop of 1.35% during this period. Despite this recent downturn, Linc has outperformed its sector by 0.65% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the company has shown strong financial performance with record net sales and operating profit margins, alongside a low debt-to-equity ratio, which suggests a stable financial position. Promoter confidence has also increased, with a 1.59% rise in their stake, indicating positive sentiment towards the company's future.
In the broader market context, Linc's short-term performance has been notably better than the benchmark, with a 5.30% increase over the past week compared to the Sensex's 0.79% rise. However, over the past month, Linc's performance has lagged slightly, with a decrease of 0.07% against the Sensex's gain of 2.50%. While the stock has generated a return of 5.24% over the past year, it has underperformed year-to-date with a decline of 4.94% compared to the Sensex's 6.75% increase. The recent drop in delivery volume by 9.73% against the 5-day average may also indicate a decrease in investor participation, which could be contributing to the stock's current price movement.