Why is Shree Marutinand falling/rising?

As of 09-Sep, Shree Marutinandan Tubes Ltd is experiencing a decline in its stock price, currently at Rs 96.50, reflecting a decrease of Rs 1.5 or 1.53%. The stock opened lower today, with a gap down of 2.09%, and reached an intraday low of Rs 95.95. Despite this, the stock has shown a positive performance over the past week and month, with returns of 7.22% and 16.76%, respectively. However, it has a significant year-to-date decline of 46.04% and a one-year drop of 55.53%. The stock is trading in a narrow range and has seen a notable increase in delivery volume, which rose by 172.73% compared to the five-day average, indicating rising investor participation. There is no information available on positive or negative factors impacting the stock.
Broader market context indicates that while Shree Marutinandan Tubes Ltd has performed better than the benchmark Sensex in the short term, with a 1-week return of 7.22% compared to the Sensex's 1.18%, it has significantly underperformed on a year-to-date basis. The Sensex has gained 3.79% year-to-date, contrasting sharply with the company's substantial decline. This disparity suggests that while the stock may be experiencing some short-term recovery, broader market trends and the company's long-term performance are weighing heavily on its current price movement.