Why is Shivalik Rasayan falling/rising?

As of 05-Sep, Shivalik Rasayan Ltd is experiencing a decline in its stock price, currently at Rs. 450.00, which reflects a decrease of -0.35 or -0.08%. The stock has hit a new 52-week low of Rs. 448.95 today and has been on a downward trend, losing -1.73% over the past three days. Additionally, the stock has underperformed significantly over various time frames, with a year-to-date decline of -41.25% compared to a +3.29% increase in the benchmark Sensex. The stock is also trading below its moving averages across multiple time frames, indicating a bearish trend. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by -26.61% against the 5-day average, which suggests a lack of confidence among investors.
In the broader market context, Shivalik Rasayan's short-term performance has been poor compared to the Sensex, which has gained +1.13% over the past week while the stock itself has dropped -2.29%. This stark contrast highlights the stock's struggles relative to the overall market. The negative sentiment surrounding the stock is compounded by its significant underperformance over the past month and year, indicating persistent challenges that may be affecting investor confidence and participation. Unfortunately, there is no information available regarding any positive or negative factors that could provide further insight into the stock's recent movements.