Why is Srivasavi Adhes. falling/rising?

As of 30-Oct, Srivasavi Adhesive Tapes Ltd is experiencing a decline in its stock price, currently at Rs 57.05, reflecting a decrease of Rs 0.9 or 1.55%. The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 3.59% away from Rs 55. The performance over the past week shows a significant drop of 5.70%, while the year-to-date return is down by 41.70%. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 20% compared to the 5-day average, which suggests waning interest among investors.
In the broader market context, Srivasavi Adhesive Tapes Ltd's performance has been underwhelming compared to the benchmark Sensex, which has gained 9.44% year-to-date. Over the past month, while the stock has decreased by 3.47%, the Sensex has risen by 5.15%. This stark contrast highlights the stock's struggle to attract investors and maintain momentum in a generally positive market environment. The absence of any positive factors in the dashboard further emphasizes the challenges faced by the company, contributing to its recent price decline.