Why is Menon Bearings falling/rising?

As of 07-Aug, Menon Bearings Ltd's stock price is currently at 128.70, reflecting a decrease of 0.85, or 0.66%. The stock has been experiencing a downward trend, having lost 3.41% over the last two days, and it is currently below its 5-day and 20-day moving averages, although it remains higher than the 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 69.05% compared to the 5-day average. In terms of performance, the stock has seen a 6.30% decline over the past week, while it has gained 3.66% over the past month, indicating some volatility in its recent performance.
Broader Market Context: In comparison to the benchmark Sensex, which has decreased by 0.69% over the past week, Menon Bearings' performance has been notably worse. The stock's year-to-date return of 8.15% outperforms the Sensex's 3.18%, but its one-year return of -0.69% contrasts with the Sensex's positive 1.45%. This suggests that while the stock has had a strong performance over a longer time frame, its recent struggles may be contributing to a negative sentiment among investors, particularly in the short term.