Why is Shankar Lal Ram. falling/rising?

As of 08-Aug, Shankar Lal Rampal Dye-Chem Ltd is experiencing a decline in its stock price, currently at 78.35, reflecting a decrease of 0.7 or 0.89%. The stock has been underperforming, having lost 3.75% over the last six days, and it is currently lower than its 5-day and 20-day moving averages. In terms of returns, the stock has shown a negative performance of 2.59% over the past week and a significant decline of 38.98% over the past year, contrasting with the Sensex's modest gain of 1.23% in the same timeframe. Although there has been a rise in investor participation, with delivery volume increasing by 23.11% against the 5-day average, the overall sentiment remains bearish.
Broader Market Context: In the short term, Shankar Lal Rampal Dye-Chem Ltd has underperformed the benchmark Sensex, which has declined by 0.92% over the past week compared to the stock's 2.59% drop. This indicates that the stock's recent struggles are not solely due to broader market trends, as it has fared worse than the market average. The stock's year-to-date performance is also concerning, with a decline of 8.78%, while the Sensex has gained 2.20%. The liquidity of the stock appears adequate for trading, but the ongoing negative momentum and consecutive price falls suggest a challenging environment for recovery.