Why is Shilp Gravures falling/rising?

As of 29-Oct, Shilp Gravures Ltd is experiencing a decline in its stock price, currently at Rs 246.10, which reflects a decrease of Rs 14.4 or 5.53%. The stock has underperformed its sector by 6.32% today and has fallen after two consecutive days of gains. It reached an intraday high of Rs 269.8 but also touched a low of Rs 243.6, indicating high volatility with a wide trading range of Rs 26.2. Additionally, the stock is trading below its moving averages across various time frames, suggesting a bearish trend. Despite a rise in delivery volume by 11.7% against the 5-day average, the overall performance remains weak, with year-to-date returns down by 27.40%.
In the broader market context, Shilp Gravures' short-term performance has been notably poor compared to the benchmark Sensex, which has gained 0.68% over the past week while the stock has dropped by 6.59%. This stark contrast highlights the stock's struggles in the current market environment, where it has not only underperformed in the short term but also in the longer term, with a year-to-date decline against the Sensex's positive return of 8.78%. The lack of available positive factors further compounds the challenges faced by the stock, contributing to its downward movement.