Why is Signet Industrie falling/rising?

As of 08-Aug, Signet Industries Ltd is experiencing a decline in its stock price, currently at 55.33, which reflects a decrease of 1.51 or 2.66%. The stock has shown erratic trading patterns, having not traded on 2 out of the last 20 days, and it has been highly volatile today with an intraday volatility of 7.07%. Despite a recent consecutive gain over the last two days, where the stock rose by 3.41%, it remains lower than the 20-day, 50-day, and 200-day moving averages. Additionally, while there has been a rise in investor participation with a 56.13% increase in delivery volume against the 5-day average, the overall sentiment appears to be tempered by the stock's current volatility and trading irregularities. There is no information available regarding positive or negative factors that could further clarify the stock's recent movement. In the broader market context, the Sensex has declined by 0.92% over the past week and 4.60% over the past month, indicating a challenging environment for stocks in general. Although the stock has shown a year-to-date return of 2.20% and a 1-year return of 1.23%, these figures are not sufficient to counteract the current downward trend in price. Given the stock's recent performance and the broader market's negative trajectory, it appears that Signet Industries Ltd is facing headwinds that are contributing to its current price decline.