Why is DIC India falling/rising?

As of 16-Oct, DIC India Ltd's stock price is currently at Rs 508.50, reflecting a decrease of Rs 4.85 or 0.94%. The stock has been on a downward trend, having fallen for the last five consecutive days, resulting in a total decline of 7.55% over the past week. Additionally, the stock is close to its 52-week low, just 0.77% away from Rs 504.6. Despite opening with a gain of 5.96% today and reaching an intraday high of Rs 543.95, the overall performance has been lackluster, underperforming its sector by 1.78%. The stock is trading below its moving averages across various time frames, indicating a bearish trend, and has experienced high volatility with an intraday fluctuation of 5.49%. There is a notable increase in investor participation, with delivery volume rising by 184.83% compared to the five-day average, which may suggest some interest despite the overall decline.
In the broader market context, DIC India's performance has significantly lagged behind the benchmark Sensex, which has gained 1.58% over the past week, while DIC India has seen a decline of 7.55%. Over the past month, the stock has dropped 11.49%, contrasting with a modest 1.32% increase in the Sensex. Year-to-date, DIC India has decreased by 23.67%, while the Sensex has risen by 6.82%, further highlighting the stock's underperformance. This persistent decline in comparison to the benchmark indicates that investor sentiment towards DIC India is weak, contributing to the stock's falling price.