Why is Shri Venkatesh falling/rising?

As of 24-Jul, Shri Venkatesh Refineries Ltd is experiencing a decline in its stock price, currently at Rs 247.50, which reflects a decrease of Rs 4.6 or 1.82%. The stock has been losing value for the past two days, with a total drop of 2.56% during this period. It opened the day with a loss of 3.39% and reached an intraday low of Rs 240, which is a 4.8% decrease. Despite this recent downturn, the stock has shown strong performance over the past year, generating a return of 90.38%, and has consistently outperformed the BSE500 index over the last three years. However, there has been a notable decline in investor participation, with delivery volume falling by 15.97% compared to the five-day average, which may contribute to the stock's current price movement.
In the broader market context, the stock's performance over the past week shows an increase of 8.60%, while the Sensex has remained relatively flat with a change of -0.09%. This indicates that, despite the recent decline, the stock has been performing well compared to the benchmark in the short term. The stock is also trading above its moving averages, suggesting a generally positive trend over a longer period. However, the recent drop in investor participation and the consecutive days of decline may be causing concern among investors, leading to the current price decrease.