Why is Sarla Performanc falling/rising?

As of 18-Nov, Sarla Performance Fibers Ltd is experiencing a decline in its stock price, currently at 88.92, reflecting a decrease of 0.24 or 0.27%. The stock has underperformed its sector by 0.52% today and has been on a downward trend for the last three days, accumulating a total loss of 1.13% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 4.95% compared to the 5-day average, suggesting a reduction in investor participation. While the stock offers a high dividend yield of 3.32%, this has not been sufficient to offset the negative momentum reflected in its year-to-date return of -21.31%.
Broader Market Context: In contrast to Sarla Performance Fibers Ltd, the benchmark Sensex has shown positive performance, gaining 0.96% over the past week and 8.36% year-to-date. This stark difference highlights the stock's struggle in a generally rising market environment. The stock's recent performance, particularly its underperformance relative to the benchmark, suggests that investor sentiment may be shifting away from Sarla Performance Fibers Ltd, contributing to its declining price amidst a backdrop of overall market gains.