Why is Saurashtra Cem. falling/rising?

As of 17-Oct, Saurashtra Cement Ltd's stock price is currently at 100.20, reflecting a decline of 2.8 points or 2.72%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decrease of 3.93% during this period. Today's trading saw the stock reach an intraday low of Rs 98.05, indicating a significant drop of 4.81%. Additionally, the stock's performance over the past week and month shows declines of 4.98% and 11.05%, respectively, while year-to-date returns are down by 15.12%. The stock is trading above its 200-day moving average but below its shorter-term moving averages, suggesting mixed technical signals. Notably, there has been a decline in investor participation, with delivery volume dropping by 42.85% compared to the five-day average, which may indicate waning interest among investors.
Broader market context reveals that while Saurashtra Cement Ltd has struggled, the benchmark Sensex has shown positive movement, gaining 1.76% over the past week and 1.52% over the past month. This stark contrast highlights the stock's underperformance relative to the broader market, which has seen a year-to-date increase of 7.44%. The overall market conditions appear to be favorable, yet Saurashtra Cement's significant declines in both short-term and long-term returns suggest company-specific challenges that are impacting its stock negatively.