Why is SGL Resources falling/rising?

As of 03-September, SGL Resources Ltd is experiencing a decline in its stock price, currently at 4.08, which reflects a decrease of 0.31 or 7.06%. The stock has underperformed its sector by 7.2% today and has been on a consecutive downward trend for the last four days, resulting in a total decline of 13.01% during this period. Over the past week, the stock has decreased by 12.26%, and year-to-date, it has fallen by 40.44%. Additionally, the stock's performance has been significantly weaker compared to the benchmark Sensex, which has gained 3.11% year-to-date. The delivery volume has also decreased by 1.47% against the 5-day average, indicating falling investor participation.
In the broader market context, while the Sensex has shown minimal movement with a decline of only 0.27% over the past week, SGL Resources' substantial drop highlights its underperformance relative to the market. The stock's returns over various periods, including a staggering 63.91% decline over the past five years, further emphasize its struggles compared to the benchmark's 106.63% gain in the same timeframe. The stock is currently trading above its 100-day moving average but below its shorter-term moving averages, suggesting a bearish trend. Overall, the combination of poor recent performance, declining investor interest, and significant underperformance against the benchmark contributes to the stock's current downward trajectory.