Why is Rex Pipes&Cables falling/rising?

As of 27-Jun, Rex Pipes & Cables Industries Ltd is currently priced at 125.70, reflecting a decrease of 2.55, or 1.99%. Despite this decline, the stock has shown strong performance over the past month, with a return of 23.11%, and an impressive year-to-date increase of 71.72%. The stock recently hit a new 52-week high of Rs. 136.65, indicating strong upward momentum prior to this drop. Additionally, it has outperformed its sector by 5.97% today and is trading above all key moving averages, suggesting a generally positive trend. However, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader Market Context: In the short term, Rex Pipes & Cables has underperformed compared to the Sensex, which has gained 2.09% over the past week while the stock has decreased by 9.54%. This divergence may indicate that while the stock has had a strong performance over longer periods, recent market conditions or investor sentiment may be affecting its short-term performance negatively. The broader market context suggests that while the stock has been on a strong upward trajectory over the longer term, the recent decline may be influenced by market fluctuations or investor reactions that are not detailed in the provided data.