Why is Signet Industrie falling/rising?

As of 10-Nov, Signet Industries Ltd is experiencing a decline in its stock price, currently at Rs 53.42, which represents a decrease of Rs 2.91 or 5.17%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 9.53% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a rise in investor participation, with delivery volume increasing by 42.2% against the 5-day average, the overall performance today has underperformed the sector by 5.79%. The stock's year-to-date return is notably negative at -25.60%, further highlighting its struggles compared to the benchmark.
In the broader market context, the Sensex has shown a slight decline of only 0.53% over the past week, contrasting sharply with Signet Industries' 7.94% drop during the same period. This suggests that the stock is not only underperforming relative to the market but also facing significant challenges compared to its historical performance, as evidenced by its year-to-date and one-year returns of -25.60% and -24.63%, respectively. The broader market's positive performance, with a year-to-date increase of 6.91%, further emphasizes the difficulties faced by Signet Industries, indicating that external market conditions are not contributing positively to its stock price movement.