Why is Shivalic Power falling/rising?

As of 22-Sep, Shivalic Power Control Ltd is experiencing a decline in its stock price, currently at Rs. 97.55, which reflects a decrease of Rs. 0.75 or 0.76%. The stock has hit a new 52-week low of Rs. 96.8 today, indicating significant downward pressure. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, the stock has seen a notable drop in investor participation, with delivery volume falling by 20% compared to the 5-day average. Over the past week, the stock has decreased by 2.64%, and year-to-date, it has plummeted by 58.39%, significantly underperforming the Sensex, which has gained 6.59% during the same period.
In the broader market context, Shivalic Power's recent performance contrasts sharply with the benchmark Sensex, which has shown positive returns both in the short term and year-to-date. While the Sensex has increased by 0.53% over the past week and 6.59% year-to-date, Shivalic Power's substantial declines highlight its struggles in attracting investor confidence and maintaining liquidity, despite being liquid enough for small trade sizes. The lack of available positive factors further exacerbates the stock's challenges, contributing to its current downward trajectory.