Why is SGL Resources falling/rising?

As of 30-Jul, SGL Resources Ltd is currently priced at 4.22, reflecting a decrease of 0.08 or 1.86%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.31% during this period. In terms of returns, the stock has shown a significant downturn, with a year-to-date decline of 38.39% and a one-year drop of 52.65%. Despite these negative movements, the company has reported positive financial results over the last four quarters, including a remarkable growth in net sales and operating profit, which suggests potential for long-term growth. However, the stock is currently trading below its moving averages for the short to medium term, indicating a bearish trend.
In the broader market context, SGL Resources has underperformed compared to the Sensex, which has only declined by 1.50% over the past week, while SGL has dropped by 5.80%. This stark contrast highlights the stock's struggles relative to the market. Additionally, the falling investor participation, as evidenced by a 15.21% decrease in delivery volume, further exacerbates the stock's challenges. While the company has strong fundamentals, including a favorable PEG ratio and attractive valuation metrics, the current market sentiment and performance metrics suggest a cautious outlook for investors.