Why is Shivalic Power falling/rising?

As of 17-Nov, Shivalic Power Control Ltd is experiencing a decline in its stock price, currently at Rs. 87.80, which represents a decrease of Rs. 8.45 or 8.78%. The stock has hit a new 52-week low of Rs. 83 today and has underperformed its sector by 10.03%. Additionally, Shivalic Power is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has also seen a significant drop in investor participation, with a delivery volume that has fallen by 12.09% compared to the 5-day average. Over the past week, the stock has decreased by 9.06%, and year-to-date, it has plummeted by 62.55%, reflecting a stark contrast to the Sensex, which has gained 10.02% during the same period.
In the broader market context, while the Sensex has shown positive returns over the past week and year, Shivalic Power's performance has been notably poor, highlighting a significant divergence from the overall market trend. The stock's substantial losses over the past month and year further emphasize its struggles compared to the benchmark index, which has also posted gains. This underperformance, coupled with the lack of available positive factors, suggests that investor sentiment towards Shivalic Power is currently negative, contributing to its declining stock price.