Why is Sh. Rama Multi. falling/rising?

As of 18-Sep, Shree Rama Multi-Tech Ltd's stock price is currently at Rs 60.79, reflecting a decrease of Rs 1.66 or 2.66%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.22% during this period. Despite touching an intraday high of Rs 63.76, the stock also reached a low of Rs 60, indicating volatility within the trading day. The stock has shown strong performance over longer periods, with a 1-month return of 39.20% and a remarkable 1-year return of 110.56%. However, there has been a significant drop in investor participation, with delivery volume falling by 61.15% compared to the 5-day average, which may be contributing to the recent price decline.
In the broader market context, Shree Rama Multi-Tech Ltd has outperformed the Sensex over various time frames, including a 1-week return of 4.54% compared to the Sensex's 1.80%. However, the stock's recent performance today indicates a lag behind its sector, underperforming by 1.88%. While the stock remains above its moving averages, the decrease in trading volume and consecutive price falls suggest a potential shift in investor sentiment. Overall, despite its strong historical performance, the current decline may be attributed to reduced trading activity and recent price volatility.