Why is Shri Balaji falling/rising?

As of 11-Nov, Shri Balaji Valve Components Ltd is experiencing a decline in its stock price, currently at 116.00, which represents a decrease of 2.05 (-1.74%). The stock has underperformed its sector by 2.38% today and has been on a consecutive downward trend for the last two days, resulting in a total return of -6.45% over the past week. Additionally, the stock has shown significant underperformance over longer periods, with a year-to-date decline of 27.50% and a one-year drop of 45.72%. The stock is trading below all major moving averages, indicating a bearish trend. Although there has been a rise in investor participation, with delivery volume increasing by 87.5% against the five-day average, the overall sentiment remains negative.
In the broader market context, the Sensex has shown a positive return of 0.49% over the past week, contrasting sharply with Shri Balaji's decline. This suggests that the stock is not only underperforming its sector but also lagging behind the overall market performance. The stock's erratic trading, with no trades on two days out of the last twenty, and its narrow trading range of Rs 1 further contribute to the lack of investor confidence. Overall, the combination of poor performance metrics and negative market sentiment has led to the stock's recent decline.