Why is Texel Industries falling/rising?

As of 05-Jun, Texel Industries Ltd is currently priced at 144.95, reflecting a decline of 2.95, or 1.99%. The stock has recently experienced a trend reversal, falling after four consecutive days of gains. Despite this drop, it remains close to its 52-week high, just 2.07% away from 147.95. The stock has shown strong performance over various periods, with a year-to-date increase of 50.38% and a remarkable 293.24% rise over the past year. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. Notably, there has been a significant increase in investor participation, with delivery volume rising by 56.18% compared to the 5-day average, suggesting continued interest despite the recent price decline. There is no information available regarding positive or negative factors impacting the stock.
Broader Market Context: In the short term, Texel Industries has outperformed the benchmark Sensex, which has seen a slight decline of 0.23% over the past week, while Texel's stock has surged by 18.81%. This contrast highlights the stock's strong performance relative to the broader market, although the recent price drop indicates a potential correction after a period of rapid gains. Overall, while the stock has shown impressive returns over various time frames, the current decline may reflect a natural market adjustment following its substantial upward trajectory.