Why is Srigee DLM falling/rising?

As of 31-Oct, Srigee DLM Ltd's stock price is currently at Rs. 124.00, reflecting a decrease of Rs. 9.8 or 7.32%. The stock has been underperforming, having fallen consecutively over the last two days with a total decline of 9.82%. Today, it reached a new 52-week low of Rs. 122, which is indicative of its downward trend. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a persistent weakness in its price performance. While there has been a rise in investor participation, with a 25% increase in delivery volume, the overall sentiment appears negative, contributing to the stock's decline.
In the broader market context, Srigee DLM's performance over the past week shows a significant drop of 10.40%, while the benchmark Sensex has only decreased by 0.32%. This stark contrast highlights the stock's underperformance relative to the market. Over the past month, the stock has also declined by 9.52%, while the Sensex has gained 3.65%, further emphasizing the challenges faced by Srigee DLM in attracting investor confidence compared to the overall market.