Why is Shivalic Power falling/rising?

As of 15-Sep, Shivalic Power Control Ltd is experiencing a decline in its stock price, currently at Rs. 100.20, which reflects a decrease of Rs. 2.4 or 2.34%. The stock has hit a new 52-week low of Rs. 99.7 today and has underperformed its sector by 3%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has shown significant negative performance over various periods, with a year-to-date decline of 57.26% and a one-year decline of 57.75%. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 53.13% compared to the 5-day average, indicating reduced interest in the stock.
In the broader market context, Shivalic Power's performance contrasts sharply with the benchmark Sensex, which has gained 1.20% over the past week and 1.78% over the past month. While the Sensex has shown positive returns, Shivalic Power has declined by 4.84% in the last week and 8.91% in the last month. This stark difference highlights the stock's struggles in attracting investor confidence and maintaining liquidity, as it is only liquid enough for trades of Rs. 0.01 crore based on 2% of the 5-day average traded value. Overall, the combination of poor stock performance, declining investor interest, and unfavorable comparisons to the benchmark suggests that Shivalic Power is facing significant challenges in the current market environment.