Why is Sugal & Damani falling/rising?

As of 07-Nov, Sugal & Damani Share Brokers Ltd is experiencing a decline in its stock price, currently at Rs 82.00, which reflects a decrease of Rs 6.0 or 6.82%. The stock has been underperforming significantly, having fallen for the last five consecutive days, resulting in a total decline of 25.07% during this period. Additionally, the stock has touched an intraday low of Rs 80.1, indicating high volatility with an intraday fluctuation of 5.32%. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Furthermore, investor participation has decreased, with delivery volume dropping by 66.26% compared to the 5-day average, which may indicate a lack of confidence among investors.
In the broader market context, the stock's performance over the past week shows a significant decline of 18.29%, while the benchmark Sensex has only decreased by 0.86%, highlighting a stark underperformance relative to the market. Over the past month, however, Sugal & Damani has shown a positive return of 3.52%, contrasting with the Sensex's gain of 1.57%. Despite this, the recent sharp decline and high volatility suggest that investors are reacting negatively to current market conditions or company-specific issues, leading to a lack of liquidity and participation in trading.