Why is SGL Resources falling/rising?

As of 19-Sep, SGL Resources Ltd is experiencing a decline in its stock price, currently at 4.81, which reflects a decrease of 0.05 or 1.03%. The stock has underperformed its sector by 0.64% today and has fallen after six consecutive days of gains. Despite this recent downturn, SGL Resources is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend prior to this drop. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 230.87% compared to the 5-day average. However, the stock has shown a substantial year-to-date decline of 29.78%, contrasting with a modest gain of 5.74% in the benchmark index.
In the broader market context, while SGL Resources has seen a notable increase of 17.60% over the past week, this is significantly higher than the Sensex's gain of only 0.88% during the same period. However, the stock's longer-term performance remains concerning, with a 1-year decline of 42.02%, while the benchmark has only decreased by 0.67%. This disparity highlights the challenges SGL Resources faces in regaining investor confidence, especially given its underperformance over the past three and five years compared to the benchmark's positive returns.