Why is Veekayem Fash. falling/rising?

As of 17-Sep, Veekayem Fashion & Apparels Ltd is currently priced at 308.30, reflecting a decline of 3.65 points or 1.17%. The stock has been trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend over the longer term. However, today's performance has underperformed the sector by 2.18%, and there has been a significant drop in investor participation, with delivery volume falling by 95.5% against the 5-day average. Despite strong year-to-date returns of 35.22% and a remarkable 56.70% increase over the past year, the current decline suggests that recent trading activity and investor sentiment may be negatively impacting the stock. In the broader market context, Veekayem's short-term performance over the past week shows a gain of 2.43%, which outpaces the Sensex's increase of 1.43%. This indicates that while the stock has been performing well relative to the benchmark in the short term, the recent decline may reflect a temporary setback or profit-taking by investors. The overall market sentiment appears to be more favorable, but the significant drop in delivery volume could signal a lack of confidence among investors, contributing to the stock's current downward movement.