Why is Saakshi Medtech falling/rising?

As of 05-Aug, Saakshi Medtech & Panels Ltd is experiencing a decline in its stock price, currently at Rs 183.25, which reflects a decrease of Rs 3.75 or 2.01%. The stock has been underperforming, having lost 4.01% over the last four days and showing a negative return of 12.17% over the past month. Additionally, the stock has not traded on one day out of the last 20, indicating erratic trading behavior. Despite a rise in delivery volume by 14.58% against the 5-day average, the stock's performance remains weak, with returns significantly lower than the benchmark indices over various periods, including a 28.42% decline over the past year.
In the broader market context, the Sensex has shown a modest gain of 2.47% over the past year, contrasting sharply with Saakshi Medtech's substantial decline. The stock's performance over the last week and month also lags behind the benchmark, with a 1.58% drop compared to the Sensex's 0.69% decline in the same timeframe. This underperformance suggests that investor sentiment towards Saakshi Medtech is negative, compounded by its recent consecutive falls and narrow trading range, which may deter potential investors. Overall, the combination of poor stock performance relative to the market and recent trading patterns contributes to the ongoing decline in Saakshi Medtech's stock price.