Why is Riddhi Siddhi Gl falling/rising?

As of 06-Aug, Riddhi Siddhi Gluco Biols Ltd is experiencing a decline in its stock price, currently at Rs 539.00, which represents a decrease of Rs 28.8 or 5.07%. The stock has underperformed its sector by 5.44% today, touching an intraday low of Rs 535, which is a drop of 5.78%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 8.64%, and year-to-date, it has fallen by 15.64%, contrasting with the Sensex, which has gained 3.08% during the same period. There is a notable increase in investor participation, with a delivery volume of 604 on 05 Aug, rising by 94.84% against the 5-day average, suggesting some interest despite the overall decline.
In the broader market context, Riddhi Siddhi Gluco Biols Ltd's recent performance has been significantly weaker compared to the benchmark Sensex, which has only declined by 1.15% over the past week. The stock's year-to-date performance of -15.64% starkly contrasts with the positive return of the Sensex, highlighting a lack of investor confidence in the company relative to the market. While the stock has shown strong returns over a three-year period, outperforming the Sensex, the recent short-term trends indicate a troubling shift that may be causing concern among investors. The absence of any positive factors in the dashboard further emphasizes the challenges the stock is currently facing.