Why is South. Magnesium falling/rising?

As of 13-Nov, Southern Magnesium & Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 113.90, which reflects a decrease of Rs 5.4 or 4.53%. The stock has been underperforming, having lost 6.1% over the last two days and is down 6.45% over the past week. Today's trading saw the stock reach a high of Rs 121.7 but also dip to a low of Rs 113.35. Additionally, the stock's delivery volume has significantly decreased by 82.69% compared to the five-day average, indicating falling investor participation. While the stock has shown positive returns over the longer term, such as a 128.71% increase over three years, it has suffered a substantial year-to-date decline of 56.36%.
In the broader market context, the Sensex has gained 1.40% over the past week, contrasting with the stock's decline. This suggests that the stock is not only underperforming relative to its sector, which has seen a 2.32% increase, but also lagging behind the overall market. The stock's moving averages indicate mixed signals, being higher than the 20-day and 50-day averages but lower than the 5-day, 100-day, and 200-day averages, which may contribute to investor uncertainty. Overall, the combination of recent poor performance, reduced trading volume, and a lack of positive factors has led to the stock's current downward trend.