Why is Walchan. Inds. falling/rising?

As of 18-Sep, Walchandnagar Industries Ltd is experiencing a decline in its stock price, currently at Rs 214.15, which reflects a decrease of Rs 4.3 or 1.97%. The stock has underperformed its sector by 2.2% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 211, indicating a drop of 3.41%. Despite this decline, the stock has shown strong performance over the past week and month, with returns of 4.11% and 20.44%, respectively. However, year-to-date and one-year returns are significantly negative at -25.72% and -30.27%, suggesting a longer-term struggle. Additionally, there has been a decrease in investor participation, with delivery volume falling by 9.64% compared to the five-day average, which may contribute to the stock's downward movement.
In the broader market context, while Walchandnagar Industries has shown positive returns in the short term, it has underperformed relative to the benchmark Sensex, which has increased by 1.80% over the past week and 2.14% over the past month. The stock's performance is also contrasted by its significant long-term gains over three and five years, where it has outperformed the Sensex substantially with returns of 245.68% and 301.41%, respectively. This suggests that while there are positive trends in the longer term, the current short-term decline may be influenced by reduced trading activity and a recent trend reversal, indicating a cautious sentiment among investors.