Why is Majestic Auto falling/rising?

As of 15-Sep, Majestic Auto Ltd's stock price is currently at Rs 337.10, reflecting a decline of Rs 7.9 or 2.29%. The stock has underperformed its sector by 2.51% today and has experienced a trend reversal, falling after two consecutive days of gains. The stock touched an intraday low of Rs 337.1, and while it remains above the 5-day, 20-day, 50-day, and 100-day moving averages, it is below the 200-day moving average. Over the past week, the stock has shown a positive return of 2.49%, but it has a year-to-date decline of 21.05%, indicating significant volatility and a challenging performance relative to the broader market.
In the broader market context, the Sensex has increased by 1.24% over the past week, suggesting that while Majestic Auto has seen some short-term gains, it is still lagging behind the benchmark. The stock's recent performance is also characterized by a notable increase in investor participation, with delivery volume rising by 189.96% against the 5-day average, indicating growing interest despite the current price drop. However, without specific positive or negative factors available, it is difficult to pinpoint the exact reasons behind the stock's recent decline beyond the observed market trends and investor behavior.