Why is Sarla Performanc falling/rising?

As of 11-Sep, Sarla Performance Fibers Ltd is experiencing a decline in its stock price, currently at Rs 98.15, which represents a decrease of Rs 4.35 or 4.24%. The stock has underperformed its sector today by 4.73%, touching an intraday low of Rs 96.95, reflecting a drop of 5.41%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has declined by 2.00%, and year-to-date, it has fallen by 13.14%, contrasting with the Sensex, which has gained 4.36% during the same period. The stock has shown high volatility today, with an intraday volatility of 5.11%, and while there has been a rise in investor participation, with a 27.72% increase in delivery volume, the absence of any positive dashboard factors suggests limited support for the stock's price.
Broader Market Context: In the context of the broader market, Sarla Performance Fibers Ltd's recent performance is notably weaker compared to the Sensex, which has increased by 1.03% over the past week and 1.17% over the past month. The stock's year-to-date decline of 13.14% starkly contrasts with the benchmark's positive performance, highlighting a significant underperformance. This divergence suggests that while the overall market is experiencing growth, Sarla Performance Fibers Ltd is facing challenges that are impacting its stock price negatively, contributing to its current downward trend.