Why is Sah Polymers falling/rising?

As of 07-Aug, Sah Polymers Ltd is experiencing a decline in its stock price, currently at 117.70, which reflects a decrease of 0.3 or 0.25%. The stock has been losing value for the last three days, resulting in a total drop of 1.67% during this period. Despite this recent downturn, the stock has shown a strong year-to-date performance with a gain of 38.29% and a remarkable increase of 56.20% over the past year. However, the stock's delivery volume has significantly decreased by 39.09% compared to the five-day average, indicating falling investor participation, which may contribute to the recent price decline. Additionally, while the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages, suggesting a potential short-term weakness.
In the broader market context, Sah Polymers' short-term performance has been relatively better than the benchmark, with a 1-week return of -1.92% compared to the Sensex's -0.69%. However, both the stock and the benchmark have shown negative returns over the past month, with Sah Polymers down 1.92% and the Sensex down 3.38%. This indicates that while the stock is underperforming in the very short term, it has outperformed the broader market over longer periods, which may reflect underlying strength despite recent price movements.