Why is Siyaram Recycli. falling/rising?

As of 01-Oct, Siyaram Recycling Industries Ltd is experiencing a decline in its stock price, currently at Rs. 94.00, which reflects a decrease of Rs. 4.25 or 4.33%. The stock has hit a new 52-week low of Rs. 90.5 today and has been on a downward trend, losing value for the past six consecutive days, resulting in a total decline of 17.51% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a rise in investor participation, with a 65.09% increase in delivery volume compared to the 5-day average, the overall performance remains weak, as the stock has underperformed its sector by 4.29%.
In the broader market context, Siyaram's short-term performance has been notably poor, with a 1-week return of -13.84%, while the benchmark Sensex has only declined by 0.90% during the same period. Over the past month, the stock has also underperformed, with a return of -14.16% compared to a slight gain of 0.77% for the Sensex. This stark contrast highlights the stock's struggles relative to the broader market, further exacerbated by its significant year-to-date decline of 33.80%, while the Sensex has gained 3.64%. The lack of available positive factors in the dashboard suggests that there are no immediate catalysts to reverse the current negative sentiment surrounding the stock.