Why is Sir Shadi Lal falling/rising?

As of 29-Oct, Sir Shadi Lal Enterprises Ltd's stock price is currently at 237.15, reflecting a decline of 17.55 points, or 6.89%. The stock has underperformed its sector today by 8.16%, opening with a loss of 2.49% and reaching an intraday low of Rs 236, which represents a drop of 7.34%. Additionally, the stock has shown negative returns over various periods, including a year-to-date decline of 21.78% and a one-year decline of 31.26%, while it has performed well over the longer term with a three-year increase of 88.74% and a five-year increase of 493.62%. The recent trading activity indicates a decrease in investor participation, with delivery volume falling by 49.8% compared to the five-day average, suggesting a lack of confidence among investors.
In the broader market context, the Sensex has shown positive movement, gaining 0.68% over the past week and 5.76% over the past month, contrasting sharply with Sir Shadi Lal's negative returns of -3.73% and -2.77% in the same periods. This divergence highlights the stock's struggles relative to the overall market performance. The stock is currently trading below several key moving averages, which may indicate bearish sentiment among investors. The liquidity of the stock remains adequate for trading, but the significant drop in delivery volume suggests that investors may be hesitant to buy at current levels, contributing to the stock's downward pressure.