Why is Linde India falling/rising?

As of 23-Jul, Linde India Ltd. is experiencing a decline in its stock price, currently at 6,598.90, reflecting a decrease of 6.7 points or 0.1%. The stock has underperformed its sector by 0.44% today and has been on a consecutive downward trend for the last six days, resulting in a total decline of 3.67% during this period. Over the past week, the stock has decreased by 2.31%, and over the last month, it has fallen by 3.84%. Despite these short-term declines, the stock has shown a year-to-date increase of 10.04% and a remarkable 85.22% increase over the past three years. The company's low debt-to-equity ratio and the fact that majority shareholders are promoters may provide some stability, but these factors have not been sufficient to counteract the recent price declines.
In the broader market context, Linde India's recent performance contrasts with the Sensex, which has shown a slight increase of 0.11% over the past week and a 1.01% increase over the past month. This indicates that while the overall market is experiencing modest gains, Linde India is lagging behind. The rising investor participation, as evidenced by a 21.68% increase in delivery volume, suggests some interest in the stock, but the overall liquidity remains adequate for trading. The stock's performance relative to its moving averages indicates a mixed outlook, being above the 100-day average but below the shorter-term averages, which may reflect uncertainty among investors regarding its near-term prospects.