Why is Tankup Engi. falling/rising?

As of 18-Jul, Tankup Engineers Ltd is experiencing a decline in its stock price, currently at Rs. 379.25, which reflects a decrease of Rs. 7.7 or 1.99%. Despite this drop, the stock has shown strong performance in the past week and month, with returns of 6.05% and 17.80%, respectively. The stock has also recently hit a new 52-week high of Rs. 327.2 and is trading above all its moving averages, indicating a generally positive trend. However, there is a notable decline in investor participation, with delivery volume dropping by 52.38% compared to the 5-day average, which may be contributing to the current price decrease.
In the broader market context, while Tankup Engineers Ltd has outperformed the Sensex by 5.45% today, the benchmark index itself has shown a slight decline of 0.72% over the past week. This suggests that while the stock has been performing well relative to the market, the recent drop in price could be influenced by reduced trading activity and investor interest. Overall, the stock's recent performance indicates a mix of strong short-term gains against a backdrop of declining participation, which may be affecting its current price movement.