Why is Saakshi Medtech falling/rising?

As of 17-Oct, Saakshi Medtech & Panels Ltd is experiencing a decline in its stock price, currently at 162.95, which reflects a decrease of 0.8 or 0.49%. The stock has underperformed its sector by 1.05% today. Despite this, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating some positive momentum in the longer term. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 140% against the 5-day average. However, the stock has shown poor performance over various periods, with a 1-week return of -4.01%, a 1-month return of -15.06%, and a year-to-date decline of 25.93%, suggesting ongoing challenges for the company.
In the broader market context, the Sensex has performed positively, with a 1-week return of +1.68% and a year-to-date return of +8.73%. This stark contrast highlights that while the overall market is experiencing gains, Saakshi Medtech is struggling significantly. The lack of available positive or negative dashboard data limits a comprehensive analysis of the factors influencing the stock's recent movements. Overall, the combination of underperformance relative to the benchmark and the stock's recent price decline suggests that investor sentiment may be cautious amid broader market gains.