Why is Riddhi Siddhi Gl falling/rising?

As of 07-Aug, Riddhi Siddhi Gluco Biols Ltd is currently priced at 536.75, reflecting a decrease of 2.25, or 0.42%. The stock has been experiencing a downward trend, having fallen consecutively for the last two days, resulting in a total decline of 5.47% during this period. Although the stock opened with a gain of 2% today and reached an intraday high of Rs 552.75, it is still trading below all key moving averages, indicating a bearish sentiment. Additionally, the stock's performance over the past week shows a decline of 5.08%, and it has underperformed the benchmark Sensex, which has only decreased by 0.69% in the same timeframe.
In the broader market context, Riddhi Siddhi Gluco Biols Ltd's year-to-date return is notably negative at -15.99%, contrasting sharply with the Sensex's positive return of 3.18%. This significant underperformance suggests that the stock is struggling relative to the overall market. Despite a rise in investor participation, as evidenced by a 10.06% increase in delivery volume, the stock's recent performance indicates a lack of sustained buying interest. The absence of any positive factors in the dashboard further emphasizes the challenges the stock is facing, contributing to its current decline.