Why is Singer India falling/rising?

As of 11-Sep, Singer India Ltd's stock price is currently at Rs 81.11, reflecting a decrease of Rs 2.89 or 3.44%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 6.67%. Today's trading saw the stock reach an intraday low of Rs 79.85, which is a drop of 4.94%. Additionally, the stock's delivery volume has decreased significantly, falling by 40.77% compared to the 5-day average, indicating a decline in investor participation. Over the past week, the stock has shown a positive return of 5.06%, but it has underperformed the sector by 2.23%. Year-to-date, the stock has only gained 0.15%, contrasting sharply with its 1-year performance, which shows a decline of 13.75%.
In the broader market context, while the Sensex has increased by 1.03% over the past week, Singer India’s short-term performance has lagged behind this benchmark. The stock's performance over the last month has been more favorable, with a return of 17.21%, compared to the Sensex's 1.17% gain. However, the longer-term perspective reveals that the stock has underperformed significantly over the past three years, with a decline of 2.04% against a 36.38% increase in the Sensex. This disparity suggests that while there may have been some recent positive momentum, the overall trend for Singer India is concerning, contributing to the current downward movement in its stock price.