Why is Manoj Jewellers falling/rising?

As of 10-Jul, Manoj Jewellers Ltd is experiencing a decline in its stock price, currently at Rs 52.20, which reflects a decrease of Rs 1.0 or 1.88%. Today's price summary indicates that the stock opened with a loss of 2.26% and touched an intraday low of Rs 52. The stock has underperformed its sector by 1.62%, and there has been a significant drop in investor participation, with delivery volume falling by 64.91% compared to the 5-day average. Despite a positive performance over the past month with an 18.77% increase, the stock's current movement is negatively impacted by its recent underperformance and declining trading volume.
In the broader market context, the Sensex has shown a slight decline of 0.06% over the past week, while Manoj Jewellers has posted a modest gain of 0.58% during the same period. This suggests that the stock is somewhat resilient compared to the benchmark in the short term. However, the overall market sentiment appears to be cautious, which may be contributing to the stock's current downward trend. The stock's performance over the past month has been strong relative to the Sensex, which increased by only 0.97%, but the recent drop in trading volume and the stock's opening loss today indicate a shift in investor sentiment that could be affecting its price negatively.