Why is Shervani Indl Sy falling/rising?

As of 13-Nov, Shervani Industrial Syndicate Ltd's stock price is rising, currently at 400.00, reflecting an increase of 20.5, or 5.4%. The stock opened with a gain of 5.4% today and reached an intraday high of Rs 400. Despite this positive movement, the stock has shown a decline of 0.53% over the past week and a more significant drop of 3.73% over the past month. Additionally, the stock's year-to-date performance is down 18.32%, indicating a longer-term struggle. The delivery volume has significantly decreased by 79.99% against the 5-day average, suggesting falling investor participation, which could impact future price movements.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.40% over the past week and 2.61% over the past month, Shervani Industrial Syndicate Ltd's recent performance has lagged behind. The stock's year-to-date decline of 18.32% contrasts sharply with the Sensex's gain of 8.11%, highlighting a challenging environment for the company relative to the broader market. While today's performance shows a positive uptick, the overall trend indicates that the stock has been underperforming compared to the market, which may affect investor sentiment moving forward.