Why is Menon Bearings falling/rising?

As of 06-Aug, Menon Bearings Ltd's stock price is currently at 129.55, reflecting a decrease of 3.7 points or 2.78%. The stock opened the day with a gain of 2.74%, reaching an intraday high of Rs 136.9, but subsequently fell to a low of Rs 128.9. The trading volume has shown a significant decline, with delivery volume dropping by 72.39% compared to the 5-day average. Despite the stock's positive performance over the longer term, including a 5.33% increase over the past month and a substantial 223.88% rise over the last five years, the current day's performance aligns with a broader sector decline, as the Auto Ancillary sector has fallen by 2.58%. Unfortunately, there is no information available regarding specific positive or negative factors impacting the stock.
In the broader market context, Menon Bearings' short-term performance has been underwhelming compared to the benchmark Sensex, which has only declined by 1.15% over the past week, while the stock itself has dropped by 7.30%. This indicates that the stock is experiencing a more significant downturn relative to the overall market. However, on a year-to-date basis, Menon Bearings has outperformed the Sensex, with an 8.87% increase compared to the benchmark's 3.08%. This contrast highlights the stock's volatility and the challenges it faces in the current market environment.