Why is Singer India falling/rising?

As of 23-Sep, Singer India Ltd's stock price is currently at 86.02, reflecting a decrease of 0.54, or 0.62%. The stock has been experiencing a downward trend, having lost value for the last three days, resulting in a total decline of 6.07% during this period. Despite a positive performance over the past month with a 17.74% increase, the stock's year-to-date return stands at 6.21%, while it has seen a decline of 4.69% over the past year. The stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, but below its 5-day moving average. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 62.65% compared to the 5-day average, indicating reduced interest from investors.
In the broader market context, the Sensex has only declined by 0.34% over the past week, suggesting that Singer India's recent performance is underperforming relative to the benchmark. While the stock has shown strong returns over the longer term, particularly in the 5-year period with a gain of 214.52%, its short-term performance is concerning. The liquidity of the stock remains adequate for trading, but the falling investor participation may signal caution among investors, contributing to the stock's recent decline. Overall, the combination of consecutive losses, reduced trading volume, and underperformance relative to the benchmark are key factors influencing the stock's current downward movement.