Why is Mayur Leather falling/rising?

As of 14-Jul, Mayur Leather Products Ltd is experiencing a decline in its stock price, currently at 23.13, which reflects a decrease of 0.47 or 1.99%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 7.74% during this period. Additionally, the stock's performance today has underperformed its sector by 1.81%. While the stock has shown significant gains over longer periods, such as a 48.27% increase over the past month and a remarkable 521.77% rise over the last five years, the recent trend indicates a downturn. Notably, investor participation has also decreased, with delivery volume dropping by 98.23% compared to the five-day average, suggesting a lack of interest from investors.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a 1-week return of -5.90% compared to the Sensex's decline of only 1.42%. This underperformance highlights the stock's struggles relative to the overall market. Despite the stock being above its longer-term moving averages, it is currently below its 5-day moving average, indicating a potential shift in momentum. The liquidity of the stock remains adequate for trading, but the significant drop in delivery volume may signal caution among investors, contributing to the stock's recent price decline.