Why is Suyog Gurbaxani falling/rising?

As of 13-Nov, Suyog Gurbaxani Funicular Ropeways Ltd is experiencing a decline in its stock price, currently at Rs 113.50, reflecting a decrease of Rs 3.15 or 2.7%. The stock has been underperforming, having lost 9.2% over the last four days, and it is trading below all its moving averages, indicating a bearish trend. Although the stock opened with a gain of 2.83% today and reached an intraday high of Rs 122.65, it also saw a significant drop to a low of Rs 108.05, showcasing high volatility with a wide trading range of Rs 14.6. The stock's year-to-date performance is particularly concerning, with a decline of 56.18%, while it has underperformed the sector by 3.2% today. There is a notable increase in investor participation, with delivery volume rising by 89.39% against the 5-day average, but this has not translated into positive price movement.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.4% over the past week, Suyog Gurbaxani's stock has fallen by 8.10%, highlighting its significant underperformance. Over the past month, while the Sensex has risen by 2.61%, the stock has declined by 4.62%. This trend continues in the longer term, with the stock down 35.14% over the past year compared to the Sensex's 8.74% increase. The persistent decline in the stock price, coupled with the broader market's positive performance, suggests that investor sentiment towards Suyog Gurbaxani remains negative, despite some signs of increased trading activity.