Why is Regent Enterp. falling/rising?

As of 16-Oct, Regent Enterprises Ltd is experiencing a decline in its stock price, currently at 6.72, which reflects a decrease of 0.72 or 9.68%. The stock has been underperforming, having lost 18.55% over the last two days and is currently trading lower than its sector by 9.56%. Despite this recent downturn, the stock has shown strong performance over the past week and month, with returns of 16.87% and 19.57%, respectively. Additionally, it is trading above its moving averages across various timeframes, indicating some underlying strength. The rising investor participation, evidenced by an 86.51% increase in delivery volume, suggests that there is still interest in the stock, although the absence of specific positive or negative factors limits a comprehensive analysis of its recent movement.
In the broader market context, Regent Enterprises Ltd's short-term performance significantly outpaces the benchmark, Sensex, which has only increased by 1.58% over the past week and 1.32% over the past month. However, the year-to-date performance shows a stark contrast, with the stock down 29.78% compared to the Sensex's gain of 6.82%. This disparity highlights the challenges faced by Regent Enterprises in the longer term, despite its recent short-term gains. The current decline may be attributed to profit-taking or market corrections following its previous gains, while the overall market remains relatively stable.