Why is Srigee DLM falling/rising?

As of 08-Sep, Srigee DLM Ltd's stock price is currently at Rs. 174.90, reflecting an increase of Rs. 4.5 or 2.64%. The stock has shown a trend reversal today, gaining after four consecutive days of decline. It opened with a gap up of 3.29% and reached an intraday high of Rs. 178.9, although it also touched a low of Rs. 162.05, which is the new 52-week low. Over the past week, the stock has decreased by 14.22%, and over the past month, it has fallen by 33.10%, indicating significant underperformance compared to the Sensex, which has gained 0.53% and 1.16% respectively during these periods. The stock is currently trading below all its moving averages, and there has been a notable decline in investor participation, with delivery volume dropping by 23.94% against the 5-day average.
Broader Market Context: The broader market, as represented by the Sensex, has shown resilience with a positive return over the past week and month, contrasting sharply with Srigee DLM's significant declines. This disparity highlights the stock's underperformance relative to the market, suggesting that factors specific to the company are driving its price movement rather than broader market trends. The liquidity of the stock remains adequate for trading, but the overall negative sentiment reflected in the stock's recent performance and the drop in investor participation may be contributing to its volatility and price fluctuations.