Why is Page Industries falling/rising?

As of 26-Jun, Page Industries Ltd is experiencing a decline in its stock price, currently at Rs 48,595.00, which reflects a decrease of Rs 105.0 or 0.22%. The stock has recently underperformed its sector by 0.32% and has shown a trend reversal after three consecutive days of gains. Despite this, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. Over the past year, Page Industries has outperformed the market with a return of 22.86%, significantly higher than the BSE 500's return of 4.11%. The company also boasts a high management efficiency with a return on capital employed (ROCE) of 67.34% and a low debt-to-equity ratio of 0.06, which may contribute to investor confidence.
In the broader market context, Page Industries' short-term performance over the past week shows a return of 8.23%, which is substantially higher than the Sensex's return of 2.94%. This indicates that while the stock is currently facing a slight decline, it has been performing well relative to the market in the recent past. Additionally, the stock's liquidity is supported by a significant increase in delivery volume, which rose by 98.63% against the 5-day average, suggesting rising investor participation. However, the recent price drop could be a natural correction after a strong performance, as the stock is still close to its 52-week high, just 2.75% away.