Why is Sejal Glass falling/rising?

As of 23-Sep, Sejal Glass Ltd's stock price is currently at 744.85, reflecting a decrease of 12.65 points, or 1.67%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 6.58%. Today, it opened with a loss of 2.31% and reached an intraday low of Rs 730.05, which is a decrease of 3.62%. Additionally, the stock's delivery volume has significantly decreased by 51.13% compared to the five-day average, indicating falling investor participation. Despite its strong performance over longer periods, such as a 30.69% increase over the past month and an impressive 82.49% rise over the past year, the recent negative momentum suggests a shift in investor sentiment.
In the broader market context, Sejal Glass Ltd has outperformed the Sensex in the short term, with a 1.28% increase over the past week compared to a 0.34% decline in the benchmark index. However, the stock's recent performance contrasts sharply with its longer-term gains, highlighting a potential correction after a period of significant appreciation. The liquidity of the stock remains adequate for trading, but the recent drop in delivery volume may indicate a lack of confidence among investors, contributing to the current downward trend.