Why is Srigee DLM falling/rising?

As of 23-Jul, Srigee DLM Ltd's stock price is currently at 266.75, reflecting a decrease of 5.4, or 1.98%. The stock has been underperforming, having lost 7.73% over the past week and 8.62% over the past month. It has also experienced a consecutive decline for four days, with no trading range as it has remained at the same price since opening. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Notably, there has been a significant drop in investor participation, with delivery volume plummeting by 95.37% compared to the 5-day average, which further suggests a lack of confidence among investors.
In the broader market context, the Sensex has shown a slight increase of 0.11% over the past week and a gain of 1.01% over the past month, contrasting with Srigee DLM's negative performance. The Consumer Durables - Electronics sector has also gained by 2.33%, highlighting that the stock's decline is not reflective of the overall market trend. This divergence indicates that while the sector is performing well, Srigee DLM is struggling, likely due to its recent erratic trading patterns and declining investor interest.