Why is Virat Industries falling/rising?

As of 19-Nov, Virat Industries Ltd is experiencing a decline in its stock price, currently at Rs 595.00, which reflects a decrease of Rs 25.85 or 4.16%. The stock has underperformed its sector by 4.01% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 8.44% during this period. Additionally, the stock has shown a negative performance over the past week and month, with returns of -3.31% and -11.19%, respectively. Despite a strong year-to-date return of 49.50%, the recent trading activity indicates a significant drop in investor participation, with delivery volume falling by 68.46% compared to the five-day average. The stock is currently trading below its short-term moving averages but remains above the 200-day moving average, suggesting mixed signals in terms of momentum.
In the broader market context, the Sensex has shown a positive return of 0.85% over the past week and 1.47% over the past month, contrasting sharply with Virat Industries' negative returns during the same periods. This divergence indicates that while the overall market is performing well, Virat Industries is struggling to keep pace, which may be contributing to the stock's decline. The liquidity of the stock remains adequate for trading, but the significant drop in delivery volume suggests a lack of confidence among investors, further exacerbating the stock's downward movement.