Why is Sunlite Recycli. falling/rising?

As of 29-Sep, Sunlite Recycling Industries Ltd is experiencing a decline in its stock price, currently at 170.35, which reflects a decrease of 8.65 points or 4.83%. The stock has underperformed its sector today by 8.28%, and there has been a notable drop in investor participation, with delivery volume falling by 13.79% compared to the 5-day average. Over the past week, the stock has decreased by 9.63%, although it has shown a positive return of 7.07% over the past month and 12.81% year-to-date. The stock's current price is above the 50-day, 100-day, and 200-day moving averages but below the 5-day and 20-day moving averages, indicating mixed signals regarding its short-term performance.
In the broader market context, the Sensex has also faced a decline of 2.25% over the past week, suggesting that the market environment is challenging. However, Sunlite Recycling's performance is significantly worse than the benchmark, indicating specific issues affecting the company. While the stock has outperformed the Sensex over the longer term, with a 12.81% increase year-to-date compared to the benchmark's 4.19%, the recent downturn highlights potential concerns that may be impacting investor confidence. Overall, the combination of underperformance relative to the sector and declining investor participation suggests that the stock's recent movement is influenced by negative sentiment in the market.