Why is Sanjiv.Parant. falling/rising?

As of 24-Sep, Sanjivani Paranteral Ltd's stock price is currently at 242.70, reflecting a decrease of 0.25, or 0.1%. The stock has been experiencing a slight decline, having fallen for the last two days with a total return of -0.12% during this period. Despite this recent downturn, the stock has shown strong performance over the past week and month, with increases of 5.11% and 14.05%, respectively. However, it is important to note that the stock's year-to-date performance remains significantly negative at -36.47%. Additionally, the stock's delivery volume has decreased by 49.5% compared to the five-day average, indicating a drop in investor participation, which may contribute to the recent price decline.
In the broader market context, while Sanjivani Paranteral Ltd has outperformed the sector by 0.35% today, the benchmark Sensex has seen a decline of 1.18% over the past week. This suggests that the stock's short-term performance is relatively strong compared to the overall market. However, the stock's longer-term performance is concerning, as it has underperformed the benchmark over the year, with a return of -16.71% compared to the Sensex's -3.77%. The stock's moving averages indicate that it is performing better than shorter-term averages but is still below the 200-day moving average, which may signal a lack of sustained upward momentum. Overall, the combination of declining investor participation and recent price movements suggests a cautious outlook for the stock in the near term.