Why is Shankar Lal Ram. falling/rising?

As of 07-Aug, Shankar Lal Rampal Dye-Chem Ltd's stock price is currently at 79.05, reflecting a decrease of 0.14, or 0.18%. The stock has been experiencing a consecutive decline over the past five days, resulting in a total drop of 2.89% during this period. Additionally, the stock's performance today has outperformed its sector by 0.54%. However, it has shown a significant decline in year-to-date returns of 7.96% and a staggering 38.63% drop over the past year. The delivery volume has also decreased by 30.21% compared to the five-day average, indicating falling investor participation, which may contribute to the stock's downward movement.
In the broader market context, the Sensex has experienced a slight decline of 0.69% over the past week, while Shankar Lal Rampal Dye-Chem Ltd has underperformed with a 2.89% drop. Despite the stock being higher than its 50-day, 100-day, and 200-day moving averages, it remains below its 5-day and 20-day moving averages, suggesting a short-term weakness. The stock's liquidity remains adequate for trading, but the overall negative sentiment reflected in its substantial year-on-year decline may be influencing investor confidence negatively.