Why is Sigachi Indust. falling/rising?

As of 15-Jul, Sigachi Industries Ltd is currently priced at 41.89, reflecting an increase of 0.32 or 0.77%. Despite this slight uptick, the stock has underperformed its sector by 0.48% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 1.41%, and it has experienced a significant drop of 28.21% over the past month. Additionally, the delivery volume has decreased by 47.53% compared to the 5-day average, indicating falling investor participation. While the company maintains a low average Debt to Equity ratio, which is a positive factor, the overall performance suggests a challenging environment for the stock.
In the broader market context, the Sensex has shown a slight decline of 1.36% over the past week, which is comparable to Sigachi's performance. However, the stock's longer-term returns are concerning, with a year-to-date decline of 16.22% compared to the Sensex's gain of 5.67%. This stark contrast highlights the stock's struggles relative to the market. Over the past year, Sigachi has fallen by 30.93%, while the benchmark has only increased by 2.36%. These factors collectively indicate that while there may be some short-term price movement, the stock is facing significant headwinds in both performance and investor sentiment.