Why is Shrydus Indust. falling/rising?

As of 12-Nov, Shrydus Industries Ltd is experiencing a decline in its stock price, currently at Rs. 4.15, which reflects a decrease of Rs. 0.11 or 2.58%. The stock has hit a new 52-week low of Rs. 3.71 today and has underperformed its sector by 3.27%. Over the last two days, the stock has seen a consecutive fall, resulting in a total decline of 6.95%. In terms of performance, Shrydus Industries has significantly underperformed against the benchmark, with a year-to-date decline of 69.66% compared to the Sensex's increase of 8.10%. The stock is trading below all key moving averages, indicating a bearish trend. While there has been a rise in investor participation, with delivery volume increasing by 90.25% against the 5-day average, the overall sentiment remains negative.
Broader Market Context: In the short term, Shrydus Industries' performance has been notably worse than the benchmark, as it has declined by 5.25% over the past week while the Sensex has gained 1.21%. This stark contrast highlights the challenges faced by Shrydus Industries amidst a generally positive market environment. The broader market has shown resilience with a 1-month return of 2.38% for the Sensex, while Shrydus Industries has plummeted by 15.31% in the same period. This divergence suggests that investor confidence in Shrydus Industries is waning, further exacerbated by its significant underperformance over the past year and three years compared to the benchmark.