Why is Munjal Auto Inds falling/rising?

As of 18-Jul, Munjal Auto Industries Ltd is experiencing a decline in its stock price, currently at 79.44, which reflects a decrease of 0.51 or 0.64%. Despite this drop, the stock has shown some resilience in the short term, outperforming its sector by 0.45% today. The stock's performance over the past week has been positive, with a return of 1.20%, and over the past month, it has increased by 5.43%. However, the year-to-date performance remains negative at -18.48%, indicating a longer-term struggle. The stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it is below the 200-day moving average. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 39.82% against the 5-day average, suggesting growing interest despite the current price decline.
In the broader market context, the Sensex has seen a slight decline of 0.90% over the past week, which contrasts with Munjal Auto's positive return in the same period. This indicates that while the stock is facing some challenges, it is performing better than the overall market in the short term. However, the stock's year-to-date performance is significantly lagging behind the Sensex's gain of 4.63%, highlighting a disparity in performance over a longer timeframe. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value, allowing for trades of Rs 0.02 crore. Overall, while there are positive indicators such as rising investor participation and short-term outperformance, the stock's longer-term trends and current price movement suggest a cautious outlook.