Why is Sakthi Sugars falling/rising?

As of 09-Oct, Sakthi Sugars Ltd is experiencing a decline in its stock price, currently at 20.82, which reflects a decrease of 0.89 or 4.1%. The stock has underperformed its sector by 3.53% today and has fallen after two consecutive days of gains. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has decreased by 2.11% compared to the 5-day average, suggesting a drop in investor participation. Over the past week, the stock has declined by 2.48%, and it has seen significant losses year-to-date, down 32.62%, and 48.92% over the past year, while the benchmark Sensex has shown positive returns in the same periods.
In the broader market context, while the Sensex has gained 1.47% over the past week and 5.16% year-to-date, Sakthi Sugars has significantly lagged behind, indicating a lack of investor confidence in the stock compared to the overall market performance. The stark contrast between the stock's negative returns and the benchmark's positive trajectory highlights the challenges faced by Sakthi Sugars in attracting investment. This underperformance, combined with the declining trading volumes and moving averages, suggests that the stock is struggling to maintain investor interest amidst a generally positive market environment.