Why is Sumeru Industrie falling/rising?

As of 22-Aug, Sumeru Industries Ltd's stock price is currently at 2.15, showing no change (0.00%). The stock has outperformed its sector by 0.44% today, but it has experienced a decline of 1.83% over the past month and a year-to-date drop of 3.15%. Additionally, the stock's delivery volume has significantly decreased by 67.8% compared to the 5-day average, indicating falling investor participation. While the stock is trading above its 5-day and 20-day moving averages, it remains below the longer-term moving averages of 50, 100, and 200 days, suggesting a mixed technical outlook.
In the broader market context, Sumeru Industries Ltd's short-term performance has not kept pace with the benchmark Sensex, which has gained 0.88% over the past week. Over the past month, while the stock has declined by 1.83%, the Sensex has only seen a smaller decline of 1.07%. This underperformance relative to the benchmark, combined with the significant drop in delivery volume, reflects a lack of investor confidence and may contribute to the stock's stagnant price movement. Overall, the stock's recent performance indicates challenges in attracting investor interest amidst a generally improving market backdrop.