Why is Standard Glass falling/rising?

As of 23-Sep, Standard Glass Lining Technology Ltd is experiencing a decline in its stock price, currently at Rs 188.45, which represents a decrease of Rs 3.85 or 2.0%. The stock has underperformed its sector by 2.46% today and has been on a consecutive downward trend for the last two days, accumulating a total loss of 3.16% during this period. Additionally, the stock's performance over the past week shows a decline of 4.19%, while it has gained 3.37% over the past month. The stock is currently trading above its 20-day, 50-day, 100-day, and 200-day moving averages but below its 5-day moving average. Notably, there has been a significant drop in investor participation, with delivery volume falling by 50.3% compared to the 5-day average.
In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, indicating that the market is experiencing some downward pressure, although it has gained 0.98% over the past month. This suggests that while Standard Glass is underperforming relative to the benchmark, the overall market is not in a strong upward trend either. The liquidity of the stock remains adequate for trading, with a delivery volume of 2.26 lacs on 22 Sep, which is liquid enough for a trade size of Rs 0.35 crore. However, the combination of falling investor participation and recent price declines may be contributing to the stock's current downward trajectory.