Why is Veekayem Fash. falling/rising?

As of 10-Sep, Veekayem Fashion & Apparels Ltd is experiencing a decline in its stock price, currently at 301.00, which reflects a decrease of 10.9 points or 3.49%. The stock has underperformed its sector today by 6.07%, despite being higher than its 20-day, 50-day, 100-day, and 200-day moving averages, although it is lower than its 5-day moving average. Notably, there has been a significant increase in investor participation, with a delivery volume of 16,000 on September 9, which is up by 162.3% compared to the 5-day average. Over the past month, the stock has shown a strong performance with a return of 24.41%, and year-to-date, it has increased by 32.02%. However, the current decline may be attributed to its recent underperformance relative to the sector and the market.
In the broader market context, the stock's short-term performance over the past week shows a decline of 2.90%, while the benchmark Sensex has increased by 1.04%. This indicates that Veekayem Fashion & Apparels Ltd is not only underperforming its sector but also lagging behind the overall market trend. The stock has shown impressive long-term returns, with a 52.02% increase over the past year and a staggering 555.06% over the past three years, suggesting that while there may be short-term volatility, the long-term outlook remains positive. However, the lack of available positive or negative dashboard data limits a comprehensive understanding of the specific factors influencing the stock's recent movement.