Why is Majestic Auto falling/rising?

As of 18-Sep, Majestic Auto Ltd is currently priced at 349.95, reflecting a slight decline of 0.05, or 0.01%. The stock has experienced a trend reversal, falling after two consecutive days of gains. Despite this recent decline, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend over a longer period. However, there has been a notable decrease in investor participation, with delivery volume dropping by 24.34% compared to the 5-day average. Year-to-date, the stock has underperformed significantly, down 18.04%, while it has shown a strong performance over the past three years with a return of 168.57%. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.
In the broader market context, Majestic Auto's short-term performance over the past week shows a return of 2.91%, which is notably higher than the Sensex's return of 1.80% during the same period. However, the stock's year-to-date performance contrasts sharply with the Sensex, which has gained 6.24%. This suggests that while the stock has recently outperformed the benchmark in the short term, its overall performance this year has been poor relative to the broader market.