Why is W H Brady falling/rising?

As of 23-Sep, W H Brady & Co Ltd's stock price is currently at 723.75, reflecting a decline of 54.35 points or 6.98%. The stock has been underperforming, having lost 9.98% over the last two days, and it touched an intraday low of Rs 719.8. Despite a positive performance over the past week and month, with returns of 5.20% and 3.39% respectively, the year-to-date performance shows a significant decline of 19.89%. The stock is trading above its 5-day and 20-day moving averages but below its longer-term moving averages, indicating mixed signals. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 117.21% against the 5-day average, suggesting some interest despite the recent price drop.
Broader market context indicates that while W H Brady has outperformed the Sensex over the past week and month, it has significantly lagged behind the benchmark year-to-date and over the past year, with declines of 19.89% compared to the Sensex's gain of 5.07%. The stock's performance today has underperformed its sector by 5.4%, which may contribute to the negative sentiment surrounding it. Overall, the combination of recent price declines, mixed moving average signals, and underperformance relative to both the sector and broader market benchmarks suggests a challenging environment for W H Brady's stock at this time.