Why is Srigee DLM falling/rising?

As of 17-Sep, Srigee DLM Ltd's stock price is currently at 155.45, reflecting a slight decline of 0.05 or 0.03%. The stock has been experiencing a downward trend, having fallen for the last two days, resulting in a total decline of 7.36% during this period. Additionally, it hit a new 52-week low of Rs.150.05 today. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, investor participation has decreased, with delivery volume dropping by 20.45% compared to the 5-day average, suggesting reduced interest in the stock.
In the broader market context, Srigee DLM's performance over the past week shows a decline of 1.55%, while the benchmark Sensex has increased by 1.56%. Over the past month, the stock has plummeted by 40.54%, contrasting sharply with the Sensex's gain of 2.60%. This significant underperformance against the benchmark highlights the stock's struggles in the current market environment. Overall, the combination of falling prices, reduced trading volume, and poor relative performance compared to the benchmark indicates a challenging situation for Srigee DLM Ltd.