Why is Sky Industries falling/rising?

As of 05-Sep, Sky Industries Ltd is experiencing a decline in its stock price, currently at Rs 88.19, reflecting a decrease of Rs 3.58 or 3.9%. The stock has underperformed its sector by 3.75% today, with an intraday low of Rs 88, marking a drop of 4.11%. Over the past week, the stock has decreased by 7.80%, and its year-to-date performance shows a significant decline of 48.73%. Additionally, Sky Industries is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 116.05% against the 5-day average, suggesting some interest despite the overall negative performance.
In the broader market context, the Sensex has shown a positive return of 1.13% over the past week, contrasting sharply with Sky Industries' decline. This disparity highlights the stock's underperformance relative to the benchmark, which has remained stable while Sky Industries has struggled significantly, with a year-over-year decline of 39.33% compared to the Sensex's slight drop of 1.81%. The lack of positive factors in the provided data further emphasizes the challenges faced by Sky Industries, contributing to its ongoing price decline amidst a generally more favorable market environment.