Why is Shivalic Power falling/rising?

As of 12-Sep, Shivalic Power Control Ltd is currently priced at Rs 102.60, reflecting an increase of Rs 0.4 or 0.39%. Despite this slight uptick, the stock has been underperforming in the longer term, with a year-to-date decline of 56.24% compared to a 6.21% gain in the Sensex. The stock is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 40.97% against the 5-day average, suggesting reduced interest from investors. The stock is also close to its 52-week low, being just 2.53% away from Rs 100.
In the broader market context, Shivalic Power's performance over the past week shows a decline of 1.72%, while the Sensex has gained 1.51%, highlighting a stark contrast in performance. Over the past month, the stock has only marginally increased by 0.15%, while the Sensex has risen by 2.56%. This underperformance relative to the benchmark indicates that Shivalic Power is struggling to attract investor confidence, especially in a market that is generally trending upward. Overall, the combination of low trading volumes, poor historical performance, and trading below key moving averages suggests that the stock is facing significant challenges in gaining traction in the current market environment.