Why is Royal Arc Ele. falling/rising?

As of 23-Sep, Royal Arc Electrodes Ltd is experiencing a decline in its stock price, currently at 160.00, reflecting a decrease of 6.5 points or 3.9%. The stock has underperformed its sector by 4.2% today, despite being higher than its 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 103.7% against the 5-day average, indicating heightened interest. However, the absence of specific positive or negative factors in the dashboard limits a comprehensive understanding of the stock's recent movement.
In the broader market context, the stock has shown a modest gain of 1.27% over the past week, while the benchmark Sensex has slightly declined by 0.28%. Over the past month, Royal Arc Electrodes Ltd has increased by 1.91%, contrasting with the Sensex's gain of 1.20%. This suggests that while the stock has performed relatively well in the short term compared to the benchmark, the current price drop indicates a potential correction or reaction to market conditions that may not be fully captured in the available data.