Why is Sover. Diamonds falling/rising?

As of 14-Nov, Sovereign Diamonds Ltd is experiencing a decline in its stock price, currently at Rs 26.25, which reflects a decrease of Rs 0.4 or 1.5%. The stock has been underperforming, having fallen for the last two days with a total return of -2.31% during this period. Additionally, it is trading below all key moving averages, indicating a bearish trend. The stock is also close to its 52-week low, being only 3.89% away from Rs 25.23. Furthermore, investor participation has significantly decreased, with delivery volume dropping by 79.25% compared to the five-day average, suggesting a lack of interest among investors.
In the broader market context, the stock's short-term performance has been notably poor compared to the benchmark Sensex, which has gained 1.62% over the past week while Sovereign Diamonds has lost 2.20%. Over the past month, the stock has also underperformed, with a decline of 0.38% compared to the Sensex's increase of 3.09%. Year-to-date, the stock has plummeted by 62.49%, contrasting sharply with the Sensex's gain of 8.22%. This stark difference in performance highlights the challenges Sovereign Diamonds is facing in a generally positive market environment.