Why is Shalby falling/rising?

As of 06-Nov, Shalby Ltd. is experiencing a decline in its stock price, currently at Rs 231.90, which reflects a decrease of Rs 11.35 or 4.67%. The stock has underperformed its sector by 4.02% today and has been on a downward trend for the last two days, accumulating a total loss of 5.04% during this period. Additionally, the stock's performance over the past week shows a decline of 4.51%, and over the past month, it has decreased by 12.37%. While the stock is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 35.55% compared to the 5-day average, indicating some interest despite the falling price.
In the broader market context, Shalby's recent performance contrasts sharply with the Sensex, which has gained 1.86% over the past month. This indicates that while the overall market is experiencing upward momentum, Shalby is lagging significantly behind, contributing to its negative price movement. The stock's year-to-date return is relatively flat at 0.17%, while the Sensex has risen by 6.62% during the same period. This disparity highlights the challenges faced by Shalby in attracting investor confidence compared to the broader market trends.