Why is Rex Pipes&Cables falling/rising?

As of 23-Sep, Rex Pipes & Cables Industries Ltd is experiencing a decline in its stock price, currently at Rs 165.00, which reflects a decrease of Rs 1.0 or 0.6%. Despite this recent drop, the stock has shown strong performance over various periods, with a year-to-date increase of 125.41% and a one-year return of 87.50%. The stock is currently trading close to its 52-week high, just 3.64% away from Rs 171. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. Notably, there has been a significant increase in investor participation, with delivery volume rising by 1435.71% against the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Rex Pipes & Cables has outperformed the Sensex over the past week and month, with returns of 5.10% and 7.14%, respectively, compared to the Sensex's -0.28% and +1.20%. However, the stock underperformed its sector today by 0.52%, which may have contributed to the slight decline in price. Overall, while the stock has shown remarkable growth over the year and has strong investor engagement, the recent price drop could be attributed to short-term market fluctuations and sector performance. The absence of specific positive or negative factors in the dashboard limits a deeper analysis of the immediate influences on the stock's movement.