Why is Shankar Lal Ram. falling/rising?

As of 19-Nov, Shankar Lal Rampal Dye-Chem Ltd's stock price is currently at Rs 67.25, reflecting a decrease of Rs 2.76 or 3.94%. The stock has been underperforming, having lost 9.07% over the last four days, and opened today with a loss of 4.27%. It has consistently traded below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a notable increase in delivery volume by 106.53% against the 5-day average, the overall performance today has underperformed the sector by 3.68%. The stock's year-to-date performance shows a significant decline of 21.70%, contrasting with the Sensex's gain of 9.02%.
In the broader market context, Shankar Lal Rampal Dye-Chem Ltd's short-term returns are considerably worse than the benchmark, with a 1-week decline of 8.13% compared to the Sensex's increase of 0.85%. This stark contrast highlights the stock's struggles relative to the overall market performance. The liquidity of the stock remains adequate for trading, but the persistent downward movement and underperformance against the benchmark suggest that investor sentiment is currently negative, contributing to the stock's decline.