Why is Seya Industries falling/rising?

As of 25-Aug, Seya Industries Ltd is experiencing a decline in its stock price, currently at 17.91, which reflects a decrease of 0.94 or 4.99%. The stock has underperformed significantly, with a performance today that is 99.63% lower than its sector. Additionally, the stock has not traded on one day out of the last 20 days, indicating erratic trading patterns. It is also trading below all moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Furthermore, there has been a notable drop in investor participation, with delivery volume on August 22 falling by 57.4% compared to the 5-day average. The stock's performance over various periods shows a substantial decline, with a year-to-date drop of 16.70% and a staggering 45.78% decrease over the past year.
In the broader market context, Seya Industries' short-term performance has been notably worse than the benchmark, with a 1-week return of -2.40% compared to the Sensex's gain of 0.45%. This trend of underperformance continues over longer periods, as the stock has declined by 17.96% in the past month while the Sensex has increased by 0.21%. The stark contrast in returns highlights the challenges faced by Seya Industries in attracting investor interest and maintaining liquidity, which is currently deemed sufficient only for very small trade sizes. Overall, the combination of poor trading performance, declining investor participation, and significant underperformance relative to the benchmark contributes to the stock's downward trajectory.