Why is Shri Balaji falling/rising?

As of 29-Jul, Shri Balaji Valve Components Ltd is experiencing a decline in its stock price, currently at Rs 110.55, which reflects a decrease of Rs 5.8 or 4.98%. The stock has been underperforming, having lost 11.96% over the last six days, and it is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day). Additionally, the stock has shown significant negative returns over various periods, including a 14.96% drop over the past week and a staggering 55.06% decline over the past year. While there has been a notable increase in investor participation, with delivery volume rising by 400% against the 5-day average, the overall sentiment remains negative, and no positive factors are available to counterbalance the stock's recent performance.
In the broader market context, the stock's performance has significantly lagged behind the benchmark Sensex, which has only declined by 1.03% over the past week and has shown a positive return of 4.09% year-to-date. This stark contrast highlights the challenges faced by Shri Balaji, as it has not only underperformed the market but also the sector, with a performance today that is 1.59% lower than its peers. The liquidity of the stock appears adequate for trading, but the persistent downward trend and lack of positive catalysts suggest that investor confidence remains low.