Why is Standard Battery falling/rising?

As of 07-Nov, Standard Batteries Ltd is experiencing a decline in its stock price, currently at Rs. 53.93, which reflects a decrease of Rs. 1.07 or 1.95%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 4.38% over that period. Today, the stock opened with a gain of 3.18% but ultimately hit a new 52-week low of Rs. 53.92. It is also 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 38.93% against the 5-day average, the overall performance remains weak, as the stock has underperformed its sector by 1.49%.
In the broader market context, the stock's performance over the past week shows a decline of 4.38%, while the benchmark Sensex has only decreased by 0.86%. This stark contrast highlights the stock's significant underperformance relative to the market. Over the past month, Standard Batteries Ltd has declined by 5.34%, while the Sensex has gained 1.57%. Year-to-date, the stock is down 27.80%, compared to the Sensex's increase of 6.50%. This ongoing trend of underperformance suggests that investor sentiment towards Standard Batteries Ltd is currently negative, contributing to the stock's falling price.