Why is Shilp Gravures falling/rising?

As of 30-Sep, Shilp Gravures Ltd is experiencing a decline in its stock price, currently at Rs 244.15, which represents a decrease of Rs 18.25 or 6.96%. The stock has been underperforming, having fallen for three consecutive days, resulting in a total decline of 10.42% during this period. Today, the stock reached an intraday high of Rs 267.95 but ultimately closed lower, indicating significant volatility. Additionally, it is trading below all key moving averages, which suggests a bearish trend. The delivery volume has also decreased significantly, falling by 63.74% compared to the five-day average, indicating reduced investor participation.
In the broader market context, Shilp Gravures' short-term performance over the past week shows a decline of 6.55%, which is notably worse than the Sensex's decline of 2.23%. While the stock has shown some positive performance over the past month with a gain of 4.79%, its year-to-date performance is concerning, with a drop of 27.98% compared to the Sensex's increase of 2.72%. This underperformance relative to the benchmark, combined with the recent negative trends in trading volume and price movements, reflects a challenging environment for Shilp Gravures Ltd.