Why is Shri Balaji falling/rising?

As of 06-Aug, Shri Balaji Valve Components Ltd is experiencing a decline in its stock price, currently at Rs 105.00, which reflects a decrease of Rs 3.8 or 3.49%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 13.83% during this period. Although it opened with a gain of 3.86% today and reached an intraday high of Rs 113, it ultimately touched a low of Rs 105. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, while there has been a rise in investor participation with a 13.21% increase in delivery volume, the overall performance remains negative, as the stock has underperformed its sector by 3.22%.
In the broader market context, the stock's performance over the past week shows a decline of 9.52%, significantly worse than the Sensex, which has only decreased by 1.15%. Over the past month, Shri Balaji's stock has dropped 18.35%, while the Sensex has seen a smaller decline of 3.46%. Year-to-date, the stock is down 34.38%, contrasting sharply with the Sensex's gain of 3.08%. This stark difference highlights the stock's ongoing struggles relative to the broader market, contributing to investor sentiment that may be driving the stock lower.