Why is Manoj Jewellers falling/rising?

As of 11-Aug, Manoj Jewellers Ltd's stock price is currently at Rs 51.00, reflecting a decrease of Rs 2.4 or 4.49%. The stock has underperformed its sector by 4.63% today, opening with a loss and touching an intraday low of Rs 51. The stock has not traded on 2 out of the last 20 days, indicating erratic trading behavior. Over the past month, the stock has declined by 2.30%, while year-to-date performance is not available. Despite being higher than the 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day and 20-day moving averages. There has been a rise in investor participation, with delivery volume increasing by 17.65% against the 5-day average, suggesting some interest despite the price drop.
In the broader market context, the Sensex has experienced a slight decline of 0.51% over the past week, while Manoj Jewellers has shown a more significant drop in the same timeframe. The stock's performance over the last month aligns with the benchmark, both showing a decrease of 2.30%. The overall market sentiment appears to be cautious, which may be contributing to the stock's downward movement. However, the liquidity of the stock remains adequate for trading, indicating that while the stock is facing challenges, there is still some level of market engagement.