Why is Sadbhav Engg. falling/rising?

As of 15-Oct, Sadbhav Engineering Ltd is experiencing a decline in its stock price, currently at 11.79, reflecting a decrease of 0.26 or 2.16%. The stock has underperformed its sector by 3.63% today and has been on a downward trend for the last three days, accumulating a total loss of 7.6% during this period. Additionally, the stock's performance over various time frames shows significant underperformance, with a year-to-date decline of 56.27% compared to a 5.72% increase in the benchmark index. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a rise in investor participation, with delivery volume increasing by 56.21% against the 5-day average, the overall sentiment remains negative.
In the broader market context, Sadbhav Engineering's recent performance contrasts sharply with the benchmark, as it has recorded a 9.38% decline over the past week while the Sensex has gained 1.02%. This disparity highlights the stock's struggle to attract investor confidence amid broader market gains. The significant underperformance over the past month and year further emphasizes the challenges faced by the company, as it has not only lagged behind the benchmark but has also seen a drastic decline over the longer term. The lack of available positive factors suggests that there are no immediate catalysts to reverse the current downward trend.