Why is Ultra Wiring falling/rising?

As of 07-Aug, Ultra Wiring Connectivity Systems Ltd is currently priced at 111.95, reflecting a slight increase of 0.1 or 0.09%. The stock has outperformed its sector today by 0.27%. However, it is important to note that while the stock is higher than its 5-day moving average, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 37.5% against the 5-day average. The stock has experienced a substantial decline over the past month, down 26.28%, and a year-to-date drop of 40.45%, indicating a challenging performance despite a strong 3-year return of 200.54%.
In the broader market context, the Sensex has decreased by 0.70% over the past week, while Ultra Wiring's performance has been relatively better in that timeframe. The stock's year-to-date performance contrasts sharply with the Sensex, which has gained 4.02% this year. This suggests that while the stock has shown some resilience today, its overall trend remains negative compared to the benchmark, reflecting broader market challenges and investor sentiment.