Why is Linde India falling/rising?

As of 22-Jul, Linde India Ltd. is experiencing a decline in its stock price, currently at 6,605.60, reflecting a decrease of 74.4 points or 1.11%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 3.57% over that period. Additionally, the stock's performance today has been noted as underperforming the sector by 0.26%. While the stock has shown a positive return of 1.03% over the past month and a significant increase of 85.41% over the last three years, it has also faced a notable drop of 18.97% over the past year. The delivery volume has decreased by 29.42% compared to the five-day average, indicating falling investor participation, which may contribute to the downward pressure on the stock price. The company maintains a low debt-to-equity ratio, which is generally favorable, but the recent trends suggest a cautious sentiment among investors.
In the broader market context, Linde India's short-term performance has been notably weaker than the benchmark, with a 1-week return of -3.57% compared to the Sensex's decline of only 0.47%. This underperformance in the short term contrasts with the stock's year-to-date gain of 10.15%, which is significantly higher than the Sensex's 5.18% increase. The liquidity of the stock remains adequate for trading, but the recent decline in delivery volume and consecutive price drops may indicate a lack of confidence among investors, contributing to the stock's current downward trajectory.