Why is Sunita Tools Ltd falling/rising?

As of 01-Aug, Sunita Tools Ltd is experiencing a decline in its stock price, currently at Rs 714.40, which represents a decrease of Rs 37.55 or 4.99%. The stock has underperformed its sector by 2.89% today and has touched an intraday low of Rs 714.40. Over the past week, the stock has fallen by 8.99%, while it has decreased by 7.82% over the past month. Additionally, Sunita Tools Ltd is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a rise in delivery volume by 18.69% against the 5-day average, the overall performance remains negative, with no positive factors reported to counterbalance the decline.
In the broader market context, the stock's performance has been notably worse than the benchmark Sensex, which has only declined by 1.06% over the past week and 3.70% over the past month. Year-to-date, Sunita Tools Ltd has fallen by 11.10%, contrasting sharply with the Sensex's gain of 3.15%. This significant underperformance relative to the benchmark suggests that investor sentiment towards Sunita Tools Ltd is weak, contributing to the stock's downward trajectory.