Why is Mayur Leather falling/rising?

As of 24-Jun, Mayur Leather Products Ltd is experiencing a decline in its stock price, currently at Rs 20.52, which represents a decrease of 1.07 (-4.96%). The stock has been underperforming, having lost 10.28% over the last two days and opened today with a loss of 4.96%. Despite this recent downturn, the stock has shown strong performance over the longer term, with a remarkable 220.12% increase over the past three years and 503.53% over the past five years. However, investor participation appears to be waning, as evidenced by a significant drop in delivery volume, which fell by 47.96% compared to the five-day average.
In the broader market context, the stock's short-term performance contrasts sharply with the benchmark Sensex, which has only increased by 0.58% over the past week. While Mayur Leather has outperformed the Sensex in the longer term, the recent consecutive declines and the current underperformance against the sector by 5.53% indicate a troubling trend. The stock's liquidity remains adequate for trading, but the falling investor participation could signal a lack of confidence among investors, contributing to the recent price decline.