Why is Shivam Autotech falling/rising?

As of 19-Sep, Shivam Autotech Ltd's stock price is currently at 33.15, reflecting a decrease of 0.95, or 2.79%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 4.36% during this period. Despite a positive performance over the past week and month, with returns of 14.11% and 6.25% respectively, the year-to-date performance shows a significant decline of 27.30%. Additionally, the stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages but below its 200-day moving average. There has also been a notable drop in investor participation, with delivery volume decreasing by 31.93% compared to the 5-day average, indicating reduced trading interest.
In the broader market context, Shivam Autotech's recent performance contrasts with the Sensex, which has only increased by 0.88% over the past week. While the stock has shown some resilience in the short term, its year-to-date and one-year returns are significantly negative, indicating a longer-term struggle compared to the benchmark. The liquidity of the stock remains adequate for trading, but the declining delivery volume suggests that investor confidence may be waning, contributing to the stock's recent downward trend. Overall, the combination of falling investor participation and underperformance relative to the sector and benchmark is likely driving the stock's decline.