Why is MILGREY FIN.&INV falling/rising?

As of 03-Sep, Milgrey Finance & Investments Ltd is experiencing a decline in its stock price, currently at Rs 118.00, which reflects a decrease of Rs 1.0 or 0.84%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 2.24% during this period. Additionally, the stock touched an intraday low of Rs 114.05, indicating a significant drop of 4.16%. The trading volume has also decreased, with delivery volume falling by 38.23% compared to the 5-day average. In terms of returns, the stock has shown a year-to-date increase of 15.69% and a remarkable 232.58% increase over the past year, despite a substantial 14.59% decline over the past month.
In the broader market context, the stock's short-term performance has been relatively weak compared to the benchmark Sensex, which has declined by only 0.04% over the past month. While Milgrey's performance over the year has significantly outpaced the Sensex, the recent downturn suggests a lack of investor confidence, as indicated by the falling participation and liquidity levels. The stock's moving averages indicate mixed signals, being higher than the 100-day and 200-day averages but lower than the shorter-term averages, which may contribute to the current volatility. Overall, the combination of recent price declines, reduced trading volume, and underperformance against the sector suggests a challenging environment for Milgrey Finance & Investments Ltd at this time.