Why is Srigee DLM falling/rising?

As of 02-Sep, Srigee DLM Ltd's stock price is currently at Rs 193.75, reflecting a decline of Rs 10.15 or 4.98%. The stock has underperformed its sector by 4.96% today and is trading close to its 52-week low, just 2.14% above the low of Rs 189.6. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. There has also been a significant drop in investor participation, with delivery volume falling by 37.94% compared to the 5-day average, which suggests a lack of confidence among investors. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.
In the broader market context, the stock has experienced a 1-week return of -11.27%, significantly underperforming the Sensex, which has only declined by 0.78% during the same period. This stark contrast highlights the stock's weakness relative to the overall market. While the Sensex has shown a slight positive return of 2.58% year-to-date, Srigee DLM's performance has been notably poor, contributing to its current price decline. Overall, the combination of negative stock-specific factors and the stock's underperformance relative to the benchmark suggests a challenging environment for Srigee DLM Ltd.