Why is Sharp India falling/rising?

As of 08-Aug, Sharp India Ltd is experiencing a slight decline in its stock price, currently at 55.00, which reflects a decrease of 0.01 or 0.02%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total drop of 7.05% during this period. Additionally, it is trading below all key moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, with a drop of 64.19% compared to the 5-day average, suggesting a lack of investor interest. The stock's performance over the past week shows a decline of 5.03%, while it has managed a slight gain of 1.07% over the past month, contrasting with the benchmark Sensex, which has seen a decline of 0.92% in the same week.
In the broader market context, Sharp India's recent performance indicates a struggle against the benchmark, particularly in the short term, where it has underperformed the Sensex. The Sensex has shown a minor decline of 0.92% over the past week, while Sharp India has experienced a more significant drop. This disparity highlights the stock's challenges in attracting investor confidence and maintaining momentum, especially given the broader market's relatively stable performance. Overall, the combination of declining investor participation, poor short-term returns, and unfavorable trading conditions contributes to the stock's current downward trajectory.