Why is Srigee DLM falling/rising?

As of 09-Jul, Srigee DLM Ltd is experiencing a decline in its stock price, currently at Rs 300.95, which reflects a decrease of Rs 15.8 or 4.99%. Today's price summary indicates that the stock has underperformed its sector by 7.43% and has opened with a loss of 4.99%, marking a trend reversal after four consecutive days of gains. The stock touched an intraday low of Rs 300.95 and has traded within a narrow range of Rs 0.15. Despite this decline, the stock has shown positive performance over the past week and month, with returns of 16.58% and 6.16%, respectively, although year-to-date and yearly data is not available.
In the broader market context, the Sensex has only increased by 0.15% over the past week, indicating that Srigee DLM's short-term performance is significantly better than the benchmark. Additionally, the consumer durables sector, which includes Srigee DLM, has gained by 2.44%, suggesting that the stock's decline may not be reflective of broader sector weakness. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 80.92% against the five-day average, indicating ongoing interest despite the current price drop. Overall, while the stock is facing a short-term decline, its recent performance and increased trading activity suggest potential resilience.