Why is Seya Industries falling/rising?

As of 23-Sep, Seya Industries Ltd is experiencing a decline in its stock price, currently at 16.23, which represents a decrease of 0.13 or 0.79%. The stock has been on a downward trend, having lost value for the last three days, resulting in a total decline of 4.36% during this period. Additionally, Seya Industries is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a notable increase in delivery volume by 119.35% against the 5-day average, the overall performance remains weak, as reflected in its year-to-date decline of 24.51% compared to a 5.07% gain in the benchmark index.
In the broader market context, Seya Industries' short-term performance has significantly lagged behind the benchmark, with a 1-week return of -6.94% compared to the Sensex's -0.34%. This stark contrast highlights the company's struggles relative to the overall market, which has shown resilience. Furthermore, the stock's long-term performance is concerning, with a staggering 76.32% decline over the past five years, while the Sensex has increased by 117.96% during the same period. This persistent underperformance suggests that investor sentiment remains negative towards Seya Industries, contributing to its current price decline.