Why is Saregama India falling/rising?

As of 20-Aug, Saregama India Ltd's stock price is currently at 484.50, reflecting an increase of 1.5 (0.31%). Today's performance indicates that the stock has outperformed its sector by 0.46%. However, it is important to note that while the stock is higher than its 5-day moving averages, it remains lower than its 20-day, 50-day, 100-day, and 200-day moving averages. The stock has shown mixed performance in the past week with a return of +0.91%, but it has underperformed over the past month with a decline of -4.87%. Additionally, the company has a low Debt to Equity ratio and high institutional holdings, which have increased by 0.82% over the previous quarter, suggesting some confidence from institutional investors despite the recent flat results in net sales and profit after tax.
In the broader market context, Saregama India has underperformed against the benchmark Sensex, which has gained +1.64% over the past week, while Saregama's performance has been relatively stagnant. The stock has consistently underperformed against the benchmark over the last three years, with a one-year return of -8.76% compared to the Sensex's +1.31%. This trend of underperformance, coupled with the recent decline in delivery volume by -65.12% against the 5-day average, indicates a lack of investor interest, which could be contributing to the stock's current price movement.