Why is Sumeru Industrie falling/rising?

As of 19-Aug, Sumeru Industries Ltd's stock price is currently at 2.17, reflecting a decrease of 0.01, or 0.46%. The stock has underperformed its sector today by 0.43% and has experienced a trend reversal, falling after two consecutive days of gains. Additionally, the stock's delivery volume has significantly decreased by 49.57% compared to the 5-day average, indicating a decline in investor participation. Over the past week, the stock has shown a positive return of 3.33%, but it has underperformed over the past month with a decline of 2.25%, while year-to-date, it has also fallen by 2.25%. The stock's performance over longer periods shows a modest increase of 2.36% over the past year and a substantial rise of 228.79% over the past five years.
In the broader market context, the Sensex has increased by 1.76% over the past week, suggesting that while Sumeru Industries Ltd has had a positive short-term return, it is lagging behind the benchmark. The stock's year-to-date performance is notably worse than the Sensex, which has gained 4.49% during the same period. This underperformance relative to the benchmark may contribute to investor concerns, leading to the recent decline in stock price. Overall, the combination of falling investor participation and weaker performance compared to the market may explain the current downward trend in Sumeru Industries Ltd's stock price.