Why is Standard Battery falling/rising?

As of 08-Jul, Standard Batteries Ltd is experiencing a decline in its stock price, currently at Rs 63.12, which reflects a decrease of Rs 1.17 or 1.82%. The stock has underperformed its sector by 1.13% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 62.6, indicating a drop of 2.63%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has also decreased significantly, falling by 47.19% compared to the 5-day average, suggesting a decline in investor participation. The stock's performance over the past week shows a decrease of 2.59%, and it has underperformed the benchmark Sensex, which has seen a slight increase of 0.02%.
In the broader market context, Standard Batteries Ltd has shown a year-to-date decline of 15.50%, while the Sensex has gained 7.13% over the same period. This stark contrast highlights the stock's struggles relative to the overall market. Over the past month, the stock has decreased by 5.28%, while the Sensex has increased by 1.85%. The significant underperformance in both short-term and long-term returns, including a 31.41% drop over the past year compared to the Sensex's 4.69% increase, indicates ongoing challenges for Standard Batteries Ltd in attracting investor interest and maintaining price stability.