Why is Sonal Mercantile falling/rising?

As of 23-Sep, Sonal Mercantile Ltd's stock price is currently at 96.15, reflecting a decrease of 0.55, or 0.57%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.23% during this period. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 2.98%, and year-to-date, it has seen a significant drop of 17.47%. While there has been a notable increase in delivery volume, rising by over 5552% against the five-day average, the overall performance remains weak, with no positive factors available to counterbalance the negative trends.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.98% over the past month, Sonal Mercantile's performance has been notably poor, with a decline of 5.31% in the same timeframe. This underperformance is further highlighted by the stock's year-on-year return of -33.30%, while the Sensex has only decreased by 3.33%. The broader market context suggests that while the overall market has shown resilience, Sonal Mercantile is struggling to keep pace, contributing to its declining stock price.