Why is Srigee DLM falling/rising?

As of 12-Sep, Srigee DLM Ltd's stock price is currently at Rs 166.50, reflecting an increase of Rs 2.5, or 1.52%. The stock has been gaining for the last two days, resulting in a total return of 5.45% during this period. However, it opened with a loss of 4.12% today and touched an intraday low of Rs 157.25. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 26.2% compared to the 5-day average, which may suggest a lack of confidence among investors.
In the broader market context, Srigee DLM's performance over the past week shows a decline of 2.29%, while the Sensex has increased by 1.48%. This underperformance against the benchmark indicates that the stock is not only struggling in the short term but also has experienced a significant decline of 36.32% over the past month, contrasting sharply with the Sensex's gain of 2.08%. The overall market sentiment appears to be more favorable towards the benchmark, which may be contributing to the stock's recent challenges.