Why is Manoj Jewellers falling/rising?

As of 26-Jun, Manoj Jewellers Ltd is experiencing a decline in its stock price, currently at Rs 53.97, which reflects a decrease of Rs 1.03 or 1.87%. The stock has recently underperformed its sector by 2.89% and has fallen after five consecutive days of gains. It touched an intraday low of Rs 53.5, indicating a downward trend. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, and it is only 1.93% away from its 52-week high of Rs 55.01. However, there has been a notable decrease in investor participation, with delivery volume falling by 14.01% compared to the 5-day average, which may contribute to the stock's recent price movement.
In the broader market context, the stock has shown a strong performance over the past week, with a return of 20.74%, significantly outperforming the Sensex, which has increased by only 2.94% during the same period. This indicates that while the stock has been performing well in the short term, the recent decline suggests a potential correction or profit-taking by investors. The lack of available positive or negative factors further complicates the analysis of the stock's current movement, leaving it unclear what specific influences may be affecting investor sentiment at this time.