Why is Saakshi Medtech falling/rising?

As of 12-Sep, Saakshi Medtech & Panels Ltd is experiencing a decline in its stock price, currently at 183.00, which reflects a decrease of 6.0 or 3.17%. The stock has underperformed its sector today by 3.86%. Despite showing positive returns over the past week (+11.38%) and month (+4.72%), the stock has significantly underperformed over the past year with a return of -28.28%, compared to the broader market's negative return of -1.08%. The stock is currently trading above its 5-day, 20-day, 100-day, and 200-day moving averages, but below its 50-day moving average. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 98.35% against the 5-day average, indicating some interest despite the overall decline.
In the broader market context, while the Sensex has gained 1.51% over the past week, Saakshi Medtech's performance has been considerably weaker, highlighting its struggles relative to the benchmark. The stock's significant drop over the past year, where it has fallen much more than the market average, suggests persistent challenges that may be affecting investor confidence. Although the presence of majority shareholders as promoters could provide some stability, the overall negative sentiment stemming from its underperformance in the last year continues to weigh heavily on the stock's price movement.