Why is SAL Automotive falling/rising?

As of 05-Aug, SAL Automotive Ltd's stock price is currently at 250.00, reflecting a decrease of 8.0, or 3.1%. The stock has been underperforming, having lost 3.88% over the last two days, and it opened today with a gain of 5.43% before reaching an intraday high of Rs 272. However, it also touched a low of Rs 246.5, indicating significant volatility. Over the past week, the stock has declined by 4.21%, and year-to-date, it has fallen 8.09%, contrasting with the Sensex, which has gained 3.29% during the same period. The stock is trading below all its moving averages, suggesting a bearish trend, and while there has been a rise in investor participation, the overall sentiment appears negative.
Broader Market Context: In the short term, SAL Automotive's performance has been notably weaker than the benchmark Sensex, which has only declined by 0.77% over the past week. This underperformance is highlighted by the stock's significant drop compared to the benchmark's relatively stable movement. The stock's recent struggles, including consecutive losses and trading below key moving averages, reflect a challenging environment for investors, especially as the broader market shows some resilience.