Why is Sungarner Energ. falling/rising?

As of 18-Jul, Sungarner Energies Ltd is experiencing a decline in its stock price, currently at Rs. 256.25, which reflects a decrease of Rs. 0.75 or 0.29%. The stock has hit a new 52-week low of Rs. 252.3 today, indicating ongoing struggles. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 40.48% compared to the 5-day average. Over the past month, the stock has seen a substantial decline of 20.67%, and year-to-date, it has plummeted by 53.11%, contrasting sharply with the Sensex, which has gained 5.60% during the same period.
In the broader market context, the stock's performance over the past week shows a decline of 1.82%, while the Sensex has only decreased by 0.72%, indicating that Sungarner is underperforming relative to the benchmark. This underperformance is further emphasized by its negative returns over the past year and since the beginning of the year, where it has consistently lagged behind the market. The lack of available positive factors in the dashboard suggests that there are no significant catalysts to drive the stock price upward, reinforcing the current downward trend in the face of broader market stability.