Why is Modi's Navnirman falling/rising?

As of 17-Sep, Modis Navnirman Ltd is currently priced at Rs 302.60, reflecting a decrease of Rs 1.4 or 0.46%. The stock is trading 2.78% away from its 52-week high of Rs 311. Despite this decline, it has shown strong performance in the past week, with a return of 11.66%, and a year-to-date increase of 17.29%. However, it underperformed its sector by 0.98% today, and there has been a notable drop in investor participation, with delivery volume falling by 13.91% compared to the 5-day average. The stock is currently trading above all its moving averages, indicating a generally positive trend, but the lack of available positive or negative factors may suggest uncertainty in investor sentiment.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.56% over the past week, Modis Navnirman Ltd's performance has outpaced it significantly. However, the stock's recent decline today contrasts with its strong returns over the longer term, such as a 287.95% increase over the past three years. This suggests that while the stock has been performing well overall, short-term fluctuations and decreased trading activity may be contributing to its current price drop.