Why is Siddhika Coatins falling/rising?

As of 06-October, Siddhika Coatings Ltd is experiencing a decline in its stock price, currently at 189.50, which represents a decrease of 0.55 or 0.29%. The stock has shown a performance today that outperformed its sector by 0.31%. However, it is trading lower than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains above the 200-day moving average. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 37.5% against the 5-day average. The stock has had a mixed performance over various periods, with a year-to-date increase of 5.45% and a significant one-year return of 51.00%, but it has underperformed the benchmark Sensex in the short term, with a 1-week decline of 3.81%.
In the broader market context, the Sensex has shown a positive return of 1.80% over the past week, contrasting with Siddhika Coatings' decline. This suggests that while the overall market is performing well, Siddhika Coatings is facing challenges that are impacting its stock price negatively. The stock's liquidity remains adequate for trading, but the falling delivery volume indicates a potential decrease in investor interest, which could further contribute to the downward pressure on the stock price. Overall, the combination of lower short-term performance compared to the benchmark and reduced investor participation is likely influencing the stock's current downward trend.