Why is Rex Pipes&Cables falling/rising?

As of 12-Sep, Rex Pipes & Cables Industries Ltd is currently priced at Rs. 164.80, reflecting a slight decline of -0.2 (-0.12%). The stock has recently hit a new 52-week and all-time high of Rs. 165, indicating strong performance. However, it has underperformed its sector by -0.52% today. Over the past week, the stock has increased by 2.97%, and it has shown impressive returns of 21.18% over the past month and 125.14% year-to-date. Despite these positive trends, there is a notable decrease in investor participation, with delivery volume falling by 88.1% against the 5-day average, which may contribute to the current price decline.
In the broader market context, Rex Pipes & Cables has outperformed the Sensex, which has only gained 1.51% over the past week and 6.21% year-to-date. This strong relative performance highlights the stock's resilience compared to the benchmark. However, the significant drop in delivery volume suggests a potential lack of sustained interest from investors, which could be a factor in the stock's current price movement. Overall, while the stock has shown remarkable growth over various periods, the recent decline in trading activity may be influencing its current price trajectory.