Why is Super Tannery falling/rising?

As of 10-Nov, Super Tannery Ltd's stock price is currently at Rs. 6.60, reflecting a decline of 0.93 (-12.35%). The stock has recently hit a new 52-week low of Rs. 6.26 and has been underperforming its sector by 13.62%. Over the past week, the stock has decreased by 9.47%, and its year-to-date performance shows a significant drop of 44.07%. Additionally, the stock has been losing for the last two days, with a total return of -13.61% during this period. Super Tannery is trading below all its moving averages, indicating a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 48.36% compared to the 5-day average, suggesting reduced interest in the stock.
In the broader market context, Super Tannery's performance has been significantly worse than the benchmark, the Sensex, which has shown a slight decline of only 0.53% over the past week. While the Sensex has gained 6.91% year-to-date, Super Tannery's substantial decline of 44.07% highlights its struggles in comparison to the overall market. This stark contrast in performance may be contributing to investor sentiment, leading to further selling pressure on the stock. Overall, the combination of poor stock performance, declining investor interest, and unfavorable comparisons to the benchmark indicates a challenging environment for Super Tannery Ltd.