Why is Remsons Ind. falling/rising?

As of 07-Aug, Remsons Industries Ltd is experiencing a decline in its stock price, currently at Rs 119.10, which represents a decrease of Rs 3.3 or 2.7%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.95% during this period. Today's trading saw the stock reach an intraday low of Rs 113.15, reflecting a significant drop of 7.56%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, investor participation has decreased, with delivery volume falling by 45.65% compared to the 5-day average, suggesting reduced interest among investors.
In the broader market context, Remsons Industries Ltd has underperformed relative to the Sensex, with a 1-week return of -4.72% compared to the benchmark's -0.69%. Over the past month, the stock has declined by 8.60%, while the Sensex has only dropped by 3.38%. Year-to-date, Remsons is down 18.59%, contrasting sharply with the Sensex's gain of 3.18%. This stark difference in performance highlights the challenges faced by Remsons Industries Ltd in the current market environment, contributing to its ongoing price decline.