Why is Standard Battery falling/rising?

As of 14-Aug, Standard Batteries Ltd is experiencing a decline in its stock price, currently at Rs 56.35, which reflects a decrease of Rs 0.75 or 1.31%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.48% during this period. It is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being just 2.4% away from Rs 55. While there has been a slight increase in delivery volume, which rose by 1.52% against the 5-day average, the overall performance remains weak, with significant declines over the past week, month, and year compared to the benchmark Sensex.
In the broader market context, Standard Batteries Ltd has underperformed relative to the Sensex, which has seen a minimal decline of only 0.03% over the past week, while the stock itself has dropped by 2.84%. Over the past month, the stock's performance has been even more pronounced, with a decline of 9.11% compared to the Sensex's 2.01% drop. This stark contrast highlights the challenges faced by Standard Batteries Ltd in the current market environment, as it struggles to maintain investor confidence amidst a broader market that is not experiencing significant downturns.