Why is SSPDL Ltd falling/rising?

As of 08-Oct, SSPDL Ltd is experiencing a decline in its stock price, currently at Rs 16.80, which reflects a decrease of Rs 1.09 or 6.09%. The stock has been underperforming, having lost 6.2% over the last two days and opening with a gap down of 2.18% today. It also touched an intraday low of Rs 16.4, indicating significant selling pressure. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. Despite a notable increase in delivery volume by 2563.45% against the 5-day average, the overall performance remains weak, as indicated by the stock's returns of -15.58% over the past month and -21.13% year-to-date.
In the broader market context, while the Sensex has shown a positive return of 0.98% over the past week and 1.22% over the past month, SSPDL Ltd's performance has been significantly lagging behind. The stock's year-to-date decline of 21.13% starkly contrasts with the Sensex's gain of 4.65%, highlighting a substantial underperformance relative to the market. This divergence suggests that investor sentiment towards SSPDL Ltd is negative, contributing to its recent price decline.