Why is Singer India falling/rising?

As of 24-Oct, Singer India Ltd's stock price is currently at Rs 77.70, reflecting a decrease of Rs 3.25, or 4.01%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in an overall decline of 8.68% during this period. Today's trading saw the stock reach a high of Rs 82.85 and a low of Rs 76.6, with more volume traded closer to the lower price. Additionally, the stock has shown negative returns over the past week, month, and year, with declines of 7.58%, 7.25%, and 9.68% respectively, while it has outperformed the benchmark Sensex over a three-year and five-year period. There is no information available regarding positive or negative factors affecting the stock.
Broader Market Context: In the short term, Singer India Ltd's performance has been significantly weaker compared to the Sensex, which has gained 0.31% over the past week while Singer India has lost 7.58%. This stark contrast indicates that the stock is not only declining in value but is also lagging behind the broader market trends. The rising investor participation, as evidenced by a 151.91% increase in delivery volume, suggests some interest in the stock despite its recent poor performance, but overall, the stock's liquidity remains adequate for trading.