Why is Standard Battery falling/rising?

As of 01-Aug, Standard Batteries Ltd is experiencing a decline in its stock price, currently at 60.10, which represents a decrease of 2.25 or 3.61%. The stock has underperformed its sector by 4.99% today and has fallen after three consecutive days of gains. It opened with a loss of 2.97% and reached an intraday low of Rs 59.1, marking a 5.21% drop. 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 significantly, with a 55.24% drop compared to the 5-day average, suggesting falling investor participation. The stock's performance over various periods shows a year-to-date decline of 19.54% and a one-year decline of 34.47%, indicating a longer-term negative trend.
In the broader market context, the Sensex has shown a modest gain of 3.15% year-to-date, contrasting sharply with Standard Batteries' significant decline. Over the past week, the stock has decreased by 2.20%, while the benchmark has only fallen by 1.06%, further highlighting its underperformance. The stock's recent struggles, combined with the broader market's relative stability, suggest that specific company challenges are contributing to its price decline, rather than a general market downturn.