Why is SNL Bearings falling/rising?

As of 07-Aug, SNL Bearings Ltd. is experiencing a decline in its stock price, currently at Rs 371.90, which reflects a decrease of Rs 8.2 or 2.16%. The stock has been on a downward trend, having lost 3.11% over the last two days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock's performance over the past week shows a decline of 1.78%, and over the past month, it has fallen by 8.61%. There is a notable drop in investor participation, with delivery volume on 06 Aug decreasing by 80.91% compared to the 5-day average, indicating reduced interest in trading the stock.
In the broader market context, SNL Bearings' recent performance contrasts with the benchmark Sensex, which has only declined by 0.69% over the past week. The stock's year-to-date performance is also negative at -2.25%, while the Sensex has gained 3.18% in the same period. This underperformance relative to the benchmark suggests that SNL Bearings is facing specific challenges that are not affecting the broader market to the same extent. Overall, the combination of falling stock prices, declining investor participation, and poor short-term returns compared to the benchmark indicates a challenging environment for SNL Bearings Ltd.