Why is Sanmit Infra falling/rising?

As of 17-Nov, Sanmit Infra Ltd's stock price is currently at 8.54, reflecting a decrease of 0.36, or 4.04%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 7.48% over that period. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Despite a notable increase in delivery volume, which rose by 259.25% against the 5-day average, the stock's overall performance remains weak, with year-to-date returns down by 34.31% compared to the benchmark Sensex, which has gained 8.72%.
In the broader market context, Sanmit Infra's recent performance contrasts sharply with the Sensex, which has shown positive returns of 1.69% over the past week and 1.19% over the past month. This underperformance highlights the stock's struggles relative to the market, as it has not only declined in the short term but also significantly over the longer term, with a staggering 88.05% drop over the past three years. The lack of available positive factors further emphasizes the challenges facing Sanmit Infra, contributing to its declining stock price amidst a generally more favorable market environment.