Why is Swastika Investm falling/rising?

As of 15-Sep, Swastika Investmart Ltd's stock price is currently at Rs 106.20, reflecting a decrease of Rs 3.6 or 3.28%. The stock has been underperforming, having fallen consecutively for the last three days, with a total decline of 5.18% during this period. It opened the day with a significant loss of 4.1% and reached an intraday low of Rs 105.3, which is only 1.13% above its 52-week low. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a rise in investor participation, with delivery volume increasing by 23.8% against the 5-day average, the overall performance remains weak, as reflected in the stock's year-to-date return of -40.97%.
In the broader market context, Swastika Investmart's short-term performance has been notably poor compared to the benchmark Sensex, which has gained 1.24% over the past week while the stock has declined by 5.26%. This stark contrast highlights the stock's struggles relative to the market. The negative sentiment surrounding the stock is further compounded by its significant underperformance over the past month and year, where it has dropped by 10.79% and 40.96%, respectively, while the Sensex has shown positive returns. Overall, the combination of declining stock price, poor relative performance, and bearish technical indicators contributes to the ongoing downward trend in Swastika Investmart's stock.