Why is Sir Shadi Lal falling/rising?

As of 05-Sep, Sir Shadi Lal Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 235.50, which represents a decrease of Rs 17.5 or 6.92%. The stock has underperformed its sector by 5.37% today and has been on a consecutive downward trend for the last two days, with a total drop of 5.9% in this period. It opened with a significant loss of 5.1% and reached an intraday low of Rs 230.05, reflecting a 9.07% decrease. The stock's performance over the past week shows a slight gain of 0.21%, but it has fallen by 22.33% year-to-date and 43.12% over the past year, indicating a troubling trend. The company has reported negative results for the last five consecutive quarters, with a negative book value and weak long-term fundamental strength, which has contributed to the stock's decline.
In the broader market context, while the Sensex has shown a positive return of 1.13% over the past week and 3.29% year-to-date, Sir Shadi Lal's performance has been significantly worse, with a year-to-date decline of 22.33%. The stock's liquidity appears to be adequate for trading, but there has been a notable decrease in investor participation, as evidenced by a 36.65% drop in delivery volume compared to the five-day average. This lack of investor confidence, combined with the company's weak financials and negative operating profits, has led to a stark underperformance compared to the market, further driving the stock price down.