Why is Sigachi Indust. falling/rising?

As of 07-Jul, Sigachi Industries Ltd is experiencing a decline in its stock price, currently at 44.44, which reflects a decrease of 0.59 or 1.31%. The stock has underperformed its sector by 1.23% today, and its performance over the past week shows a significant drop of 8.92%. Additionally, the stock has fallen 19.94% over the past month and 27.73% over the past year, indicating a troubling trend. Despite being higher than the 100-day moving average, it is lower than the 5-day, 20-day, 50-day, and 200-day moving averages. The recent drop in investor participation, with delivery volume decreasing by 8.04% against the 5-day average, further suggests a lack of confidence among investors. However, the company maintains a low average debt-to-equity ratio, which could be seen as a stabilizing factor.
In the broader market context, the Sensex has shown a slight decline of 0.20% over the past week, contrasting sharply with Sigachi's steep drop. While the benchmark has gained 1.53% over the past month and 6.79% year-to-date, Sigachi's performance has been notably poor in comparison. The stock's long-term performance over three years shows a gain of 62.25%, which is better than the Sensex's 54.01%, but the recent trends indicate that short-term pressures are outweighing these longer-term gains. Overall, the combination of declining investor interest and underperformance relative to both the sector and the benchmark is contributing to the stock's current downward trajectory.