Why is Sterlite Tech. falling/rising?

As of 17-Sep, Sterlite Technologies Ltd is currently priced at 123.85, reflecting a slight decline of 0.1, or 0.08%. The stock has recently outperformed its sector by 0.84%, although it has experienced a trend reversal after four consecutive days of gains. Despite this recent downturn, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 7.74%, but it has seen a decline of 8.09% over the past month. Positive factors contributing to its performance include strong quarterly results, with a notable growth in net sales and profits, as well as a fair valuation compared to peers, which may support investor confidence.
Broader Market Context: In the context of the broader market, the Sensex has increased by 1.56% over the past week and 2.60% over the past month, indicating that while Sterlite Technologies has outperformed the sector recently, it has lagged behind the benchmark in the longer term, with a year-to-date return of 44.63% compared to the Sensex's 5.83%. The stock has generated a return of 27.75% over the past year, significantly outperforming the BSE500, which has seen negative returns of -2.63%. However, the recent decline in delivery volume by 34.57% against the 5-day average suggests a decrease in investor participation, which could be a factor in the stock's current price movement.