Why is Standard Battery falling/rising?

As of 16-Sep, Standard Batteries Ltd is experiencing a decline in its stock price, currently at 58.91, reflecting a decrease of 0.41 or 0.69%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 6.49% 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. Despite a rise in investor participation, with delivery volume increasing by 19.95% against the 5-day average, the overall performance remains weak, as evidenced by the stock's year-to-date decline of 21.14% and a one-year drop of 32.83%.
In the broader market context, Standard Batteries Ltd has significantly underperformed compared to the Sensex, which has gained 1.58% over the past week while the stock has dropped 6.34%. Over the last month, the stock has shown a positive return of 4.54%, but this is overshadowed by its substantial year-to-date and one-year losses. The stark contrast between the stock's performance and that of the benchmark indicates a challenging environment for Standard Batteries Ltd, contributing to the ongoing decline in its stock price.