Why is Shrydus Indust. falling/rising?

As of 17-Nov, Shrydus Industries Ltd is experiencing a decline in its stock price, currently at 4.43, which reflects a decrease of 0.17 or 3.7%. The stock has underperformed its sector by 4.12% today and has been on a downward trend, losing 8.09% over the last two days. Additionally, Shrydus Industries has shown significant underperformance over various time frames, with a year-to-date decline of 67.62% compared to a positive return of 8.72% for the Sensex. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a rise in investor participation, with delivery volume increasing by 8% against the 5-day average, the overall sentiment remains negative.
In the broader market context, Shrydus Industries' short-term performance contrasts sharply with the benchmark, as it has declined by 0.67% over the past week while the Sensex has gained 1.69%. This disparity highlights the stock's struggles relative to the market. Despite the liquidity being adequate for trading, the persistent decline in stock price and the significant underperformance against the benchmark suggest that investor confidence is waning, contributing to the stock's recent downward movement.