Why is Standard Battery falling/rising?

As of 11-Jul, Standard Batteries Ltd is currently priced at 62.35, reflecting a decrease of 0.65 or 1.03%. The stock has been experiencing a downward trend, having lost 1.34% over the last two days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 41.1% compared to the 5-day average. The stock's performance over the past week shows a decline of 1.76%, and it has seen a substantial drop of 16.53% year-to-date, indicating a challenging period for the company.
In the broader market context, the Sensex has only decreased by 1.12% over the past week, suggesting that Standard Batteries Ltd is underperforming relative to the benchmark. While the stock has shown impressive long-term growth over the past three and five years, its recent performance contrasts sharply with the positive returns of the Sensex, which has gained 5.58% year-to-date. This divergence highlights the stock's struggles in the current market environment, contributing to its recent price decline.