Why is Sir Shadi Lal falling/rising?

As of 04-Sep, Sir Shadi Lal Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 253.00, reflecting a decrease of Rs 2.0 or 0.78%. The stock has recently shown a trend reversal, falling after six consecutive days of gains. Today, it opened with a significant loss of 6.65%, reaching an intraday low of Rs 238.05. Despite outperforming its sector by 0.72% today, the stock has demonstrated erratic trading patterns, with a notable drop in delivery volume by 36.65% compared to the five-day average. Over the past week, the stock has gained 7.66%, and in the last month, it has risen by 9.52%, but it has underperformed significantly year-to-date with a decline of 16.56% and a staggering 38.44% drop over the past year.
In the broader market context, while the Sensex has shown a modest increase of 0.80% over the past week, Sir Shadi Lal's recent performance indicates a stark contrast, particularly given its negative returns over the last year. The company faces significant challenges, including a negative book value and a weak ability to service its debt, which has contributed to its poor long-term fundamental strength. The company has reported losses for five consecutive quarters, with a substantial increase in interest expenses and a decline in net sales. These factors, combined with the stock's risky trading status compared to historical valuations, suggest that investor confidence is waning, leading to the current downward price movement.