Why is SGL Resources falling/rising?

As of 10-Oct, SGL Resources Ltd is experiencing a decline in its stock price, currently at 4.20, which reflects a decrease of 0.12 or 2.78%. The stock has underperformed its sector by 4.03% today and has fallen after two consecutive days of gains. Additionally, SGL Resources is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, with a drop of 45.6% compared to the 5-day average, suggesting falling investor participation. The stock's performance over the past week shows a notable decline of 7.69%, while its year-to-date performance is down by 38.69%, reflecting a longer-term negative trend.
In the broader market context, the Sensex has shown a positive return of 1.59% over the past week, contrasting sharply with SGL Resources' performance. While the stock has gained 12.90% over the past month, its year-on-year decline of 55.53% highlights significant underperformance compared to the benchmark's modest gain of 1.09%. This disparity indicates that while there may have been some short-term recovery, the overall trend for SGL Resources remains negative, influenced by both internal factors such as declining trading volumes and external market conditions.