Why is Shreyans Inds. falling/rising?

As of 11-Nov, Shreyans Industries Ltd is experiencing a decline in its stock price, currently at Rs 193.65, which represents a decrease of Rs 21.5 or 9.99%. The stock has been underperforming significantly, having fallen consecutively for the last three days, with a total decline of 11.98% over the past week. Today's trading saw the stock reach a high of Rs 220 but ultimately closed at its low of Rs 193.65. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a decrease in investor participation, with delivery volume falling by 0.25% against the 5-day average, contributing to the stock's downward movement.
In the broader market context, Shreyans Industries Ltd's performance has been notably poor compared to the benchmark Sensex, which has gained 0.49% over the past week while the stock has dropped 11.98%. This stark contrast highlights the stock's struggles relative to the overall market. Furthermore, the stock's high volatility today, with an intraday fluctuation of 6.34%, suggests uncertainty among investors, further exacerbating its decline. Overall, the combination of poor recent performance, low investor participation, and unfavorable comparisons to the benchmark indicates that Shreyans Industries Ltd is facing significant challenges in the current market environment.