Why is SM Auto Stamping falling/rising?

As of 08-Sep, SM Auto Stamping Ltd is experiencing a decline in its stock price, currently at Rs 27.20, which reflects a decrease of 2.65 or 8.88%. The stock has underperformed significantly today, falling by 12.53% at the open and reaching an intraday low of Rs 26.11. Over the last two days, it has lost a total of 9.15%. Additionally, the stock has shown a poor performance over the past week and month, with returns of -4.56% and -13.81%, respectively. It is also trading below all key moving averages, indicating a bearish trend. Notably, investor participation has decreased, with delivery volume dropping by 44.44% compared to the five-day average, suggesting a lack of confidence among investors.
In contrast, the broader market, represented by the Sensex, has shown resilience with a slight gain of 0.53% over the past week and 1.16% over the past month. While the auto ancillary sector has gained by 2.24%, SM Auto Stamping's performance has diverged negatively, highlighting its struggles in comparison to the sector and the market overall. The stock's year-to-date return stands at -28.42%, further emphasizing its underperformance relative to the benchmark, which has gained 3.39% during the same period. This stark contrast in performance indicates that while the market is moving positively, SM Auto Stamping is facing significant challenges that are driving its stock price down.