Why is R M Drip & Sprin falling/rising?

As of 06-Aug, R M Drip & Sprinklers Systems Ltd is experiencing a decline in its stock price, currently at Rs 677.05, which reflects a decrease of Rs 12.4 or 1.8%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 1.93%. It is currently trading 3.39% away from its 52-week high of Rs 700. Additionally, the stock has shown a positive return of 2.58% over the past week, while it has underperformed its sector by 1.58%. Notably, there has been a significant drop in investor participation, with delivery volume decreasing by 67.92% against the 5-day average, indicating a lack of buying interest.
Broader Market Context: In comparison to the benchmark Sensex, which has declined by 1.15% over the past week, R M Drip & Sprinklers has outperformed in the short term. However, the overall market sentiment appears to be negative, as reflected in the stock's recent performance and the broader market's decline. The stock's liquidity remains adequate for trading, but the falling delivery volumes suggest that investor confidence may be waning, contributing to the stock's recent downward trend.