Why is Standard Battery falling/rising?

As of 23-Jul, Standard Batteries Ltd is experiencing a decline in its stock price, currently at 61.20, which reflects a decrease of 0.55 or 0.89%. The stock has underperformed its sector by 0.91% today and has been on a downward trend for the past three days, accumulating a total loss of 3.09% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 5.2% compared to the 5-day average, suggesting a decline in investor participation. There is no information available regarding positive or negative factors that could influence the stock's recent movement.
In the broader market context, Standard Batteries Ltd has shown a significant underperformance compared to the Sensex benchmark, with a 1-week return of -3.55% against the Sensex's +0.11%, and a 1-month return of -4.14% compared to the Sensex's +1.01%. Year-to-date, the stock has declined by 18.07%, while the Sensex has gained 5.87%. This stark contrast highlights the challenges faced by Standard Batteries Ltd in the current market environment, contributing to its falling stock price.