Why is Solex Energy falling/rising?

As of 10-Oct, Solex Energy Ltd is experiencing a decline in its stock price, currently at 1,548.15, which reflects a decrease of 81.45 points or 5.0%. The stock has underperformed its sector today by 5.44%, despite showing higher performance in longer-term metrics such as a 1-month increase of 16.47% and a remarkable 3-year increase of 486.42%. The stock's moving averages indicate it is above the 50-day, 100-day, and 200-day averages but below the 5-day and 20-day averages, suggesting some volatility in the short term. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 28.86% against the 5-day average, indicating a potential interest in the stock despite its current price drop. Unfortunately, there are no positive or negative factors available to further explain the recent movement.
In the broader market context, Solex Energy's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.57% over the past week while Solex has declined by 8.97%. This underperformance in the short term may be contributing to the stock's downward pressure, as investors may be reacting to the relative weakness compared to the market. While the stock has shown strong performance year-to-date with a 10.24% increase compared to the Sensex's 6.94%, the recent decline could be a correction following a period of significant gains.