Why is Srigee DLM falling/rising?

As of 18-Sep, Srigee DLM Ltd is experiencing a decline in its stock price, currently at Rs. 148.00, which reflects a decrease of Rs. 7.45 or 4.79%. The stock has underperformed significantly, with a 1-week return of -9.76% and a 1-month return of -39.13%. Today, it hit a new 52-week low of Rs. 145 and has been on a downward trend for the last three days, accumulating a total drop of 11.8%. The stock is trading below all key moving averages, indicating a bearish trend, and there has been a notable decrease in investor participation, with delivery volume falling by 26.19% compared to the 5-day average.
In the broader market context, while the Sensex has shown a positive return of 1.80% over the past week and 2.14% over the past month, Srigee DLM's performance starkly contrasts with these benchmarks. The stock's significant underperformance relative to the market suggests that specific issues may be affecting investor confidence, leading to its recent price decline. The lack of positive factors in the provided data further emphasizes the challenges the company is facing in the current market environment.