Why is Standard Battery falling/rising?

As of 10-Sep, Standard Batteries Ltd is experiencing a decline in its stock price, currently at Rs 61.50, which reflects a decrease of Rs 1.4 or 2.23%. The stock has underperformed its sector by 1.84% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 61.3, indicating a drop of 2.54%. Despite the recent increase in investor participation, with a delivery volume rise of 27.58% against the 5-day average, the stock remains lower than its 5-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Over the past year, the stock has significantly underperformed, with a decline of 27.56%, while it has shown a modest gain of 5.83% over the past month.
In the broader market context, the Sensex has increased by 1.06% over the past week, contrasting with the stock's decline of 2.15% in the same period. Year-to-date, while the Sensex has gained 4.21%, Standard Batteries Ltd has seen a substantial drop of 17.67%. This disparity highlights the stock's struggles relative to the overall market performance. The liquidity of the stock appears sufficient for trading, as it is based on 2% of the 5-day average traded value, indicating that while the stock is liquid, its recent performance has not aligned with positive market trends.