Why is Padmalaya Tele. falling/rising?

As of 10-Sep, Padmalaya Telefilms Ltd's stock price is currently at 4.99, reflecting a decrease of 0.13, or 2.54%. The stock has recently experienced a trend reversal, falling after seven consecutive days of gains. Despite this decline, the stock has shown strong performance over the past week and month, with returns of 10.89% and 34.86%, respectively. However, it has underperformed its sector by 2.18% today. The stock's delivery volume has increased by 22.05% compared to the five-day average, indicating rising investor participation. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, but below its 200-day moving average, suggesting mixed signals in its price trend.
Broader market context indicates that while Padmalaya Telefilms Ltd has had a strong one-year return of 88.30%, it has underperformed year-to-date with a decline of 36.68%, contrasting with the Sensex's gain of 4.21% in the same period. The stock's recent performance has been robust compared to the benchmark, particularly in the short term, but the current decline suggests a correction after a period of significant gains. Overall, while the stock has shown resilience in the longer term, the recent drop may reflect profit-taking by investors following its previous upward momentum.