Why is Shivalik Rasayan falling/rising?

As of 07-Aug, Shivalik Rasayan Ltd's stock price is currently at 561.00, reflecting an increase of 1.85, or 0.33%. The stock has outperformed its sector by 1.44% today, although it is trading higher than its 50-day moving average but lower than its 5-day, 20-day, 100-day, and 200-day moving averages. Notably, the stock has experienced a significant decline in investor participation, with delivery volume dropping by 81.4% against the 5-day average. Over the past week, the stock has decreased by 7.73%, while it has shown a modest increase of 2.23% over the past month. Year-to-date, the stock is down 26.75%, indicating a challenging performance compared to the benchmark.
In the broader market context, the Sensex has declined by only 0.69% over the past week and has increased by 3.18% year-to-date, suggesting that Shivalik Rasayan's recent performance is lagging behind the overall market trend. The stock's long-term performance also reflects a downward trajectory, with a 34.98% decline over the past three years compared to a 38.08% gain in the Sensex. This underperformance relative to the benchmark may contribute to investor caution, impacting the stock's price movement negatively despite today's slight uptick.