Why is Sanghvi Movers falling/rising?

As of 10-Nov, Sanghvi Movers Ltd's stock price is currently at 350.20, reflecting a decline of 30.3 points or 7.96%. Today, the stock opened with a loss of 3% and reached an intraday low of Rs 347.4, indicating significant downward pressure. The stock has underperformed its sector by 9.05% today, and it has experienced high volatility with an intraday fluctuation of 5.26%. Over the past week, the stock has decreased by 13.30%, while its performance over the last month shows a decline of 9.54%. Despite these short-term challenges, the company maintains a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 0.84 times, and it has shown healthy long-term growth potential with operating profit growing at an annual rate of 0%.
In the broader market context, the Sensex has only decreased by 0.53% over the past week, indicating that Sanghvi Movers' decline is more pronounced than the overall market trend. While the stock has performed well year-to-date with a gain of 14.18%, its one-year return is down by 14.12%, contrasting with the Sensex's increase of 5.09% in the same period. This suggests that investor sentiment around Sanghvi Movers is currently negative, despite its historical performance and liquidity being adequate for trading. The rising investor participation, as indicated by a significant increase in delivery volume, may provide some support, but the immediate outlook remains challenging given the stock's recent performance.