Why is Sarthak Industri falling/rising?

As of 06-Nov, Sarthak Industries Ltd is experiencing a decline in its stock price, currently at Rs 34.06, which reflects a decrease of 2.44 (-6.68%). The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 9.25% during this period. Today's trading saw the stock reach an intraday high of Rs 38 but also hit a low of Rs 34.06, indicating high volatility with an intraday fluctuation of 5.47%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, and there has been a significant drop in investor participation, with delivery volume decreasing by 60.45% compared to the 5-day average.
In the broader market context, Sarthak Industries' performance over the past week shows a decline of 10.13%, contrasting with the Sensex, which has only decreased by 1.30%. While the stock has shown positive returns year-to-date at 13.91% and over the past year at 32.53%, its recent performance indicates a troubling trend, particularly over the last three years, where it has plummeted by 75.12%. This stark contrast to the benchmark's performance suggests that investor sentiment may be shifting negatively, contributing to the stock's current downward trajectory.