Why is S.M. Gold falling/rising?

As of 27-Oct, S.M. Gold Ltd's stock price is currently at Rs. 13.45, reflecting a decrease of Rs. 0.32 or 2.32%. The stock has been underperforming, having hit a new 52-week low of Rs. 12.31 today. It has experienced a consecutive decline over the last three days, resulting in a total drop of 6.4% during this period. Additionally, S.M. Gold's performance over the past week, month, and year shows significant declines of 3.86%, 9.91%, and 54.84%, respectively, compared to the Sensex, which has seen positive returns in the same time frames. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a rise in investor participation, with delivery volume increasing by 26.57% against the 5-day average, the overall sentiment remains negative.
Broader Market Context: In the context of the broader market, S.M. Gold's recent performance has been notably poor compared to the Sensex, which has gained 0.49% over the past week and 5.41% over the past month. The stark contrast in performance, with S.M. Gold down 9.91% over the last month while the Sensex has risen, highlights the stock's struggle against market trends. The significant underperformance against the benchmark indicates that investor sentiment towards S.M. Gold is weak, contributing to its declining stock price amidst a generally more favorable market environment.