Why is Sangam India falling/rising?

As of 05-Aug, Sangam (India) Ltd is experiencing a decline in its stock price, currently at 360.75, which reflects a decrease of 32.1 points or 8.17%. The stock has been on a downward trend, having lost 18.55% over the past week and 20.54% over the past month. Today, it opened with a loss of 2.6% and reached an intraday low of Rs 357.9, indicating significant selling pressure. The stock has been underperforming its sector by 7.74% today and has been declining for five consecutive days. Additionally, it is trading below all major moving averages, which suggests a bearish trend. Although there has been a notable increase in investor participation, with delivery volume rising by 170.68% against the five-day average, the overall sentiment remains negative.
In the broader market context, Sangam's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 0.77% over the past week and 3.26% over the past month. While the stock has shown positive returns over a three-year period, outperforming the Sensex, its year-to-date performance is concerning, with a decline of 12.86% compared to the Sensex's gain of 3.29%. This suggests that the stock's recent struggles may be more reflective of company-specific issues rather than broader market trends. The absence of any positive factors in the dashboard further emphasizes the challenges Sangam is currently facing in the market.