Why is Sunita Tools Ltd falling/rising?

As of 17-Jul, Sunita Tools Ltd is experiencing a decline in its stock price, currently at Rs 782.00, which represents a decrease of Rs 28.0 or 3.46%. The stock has underperformed its sector by 5.02% today, having touched an intraday low of Rs 769.45. The trading volume has shown a decrease, with delivery volume falling by 2.17% against the 5-day average. In terms of returns, the stock has seen a decline of 2.74% over the past week and 4.94% over the past month, while it has performed positively over the past year with an increase of 11.49%. However, the lack of available positive or negative factors makes it difficult to pinpoint specific catalysts for the recent price movement.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 0.83% over the past month and 5.27% year-to-date, Sunita Tools Ltd's recent performance has been notably weaker. The stock's year-to-date decline of 2.69% contrasts sharply with the benchmark's gains, indicating a relative underperformance. This divergence suggests that broader market conditions may not be favoring Sunita Tools Ltd, contributing to its current price decline.