Why is Mahickra Chem. falling/rising?

As of 10-Sep, Mahickra Chemicals Ltd is currently priced at 150.00, reflecting a decrease of 5.0, or 3.23%. The stock has underperformed its sector today by 3.81%, and there has been a notable decline in investor participation, with delivery volume falling by 70.59% compared to the 5-day average. Despite this drop, the stock has shown strong performance over the past month, with a 10.95% increase, and it has consistently traded above its moving averages across various time frames. However, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, while Mahickra Chemicals has experienced a decline today, it has outperformed the Sensex over the past week, with the benchmark gaining 1.04% while the stock remained flat at 0.00%. Year-to-date, Mahickra Chemicals has achieved a remarkable 32.74% return compared to the Sensex's 5.62%, indicating strong relative performance over a longer period. However, the recent decline in price suggests that short-term pressures may be affecting investor sentiment, despite the stock's overall positive trajectory in the longer term.