Why is Synergy Green falling/rising?

As of 08-Aug, Synergy Green Industries Ltd is experiencing a decline in its stock price, currently at Rs 509.00, which reflects a decrease of Rs 5.7 or 1.11%. The stock has been on a downward trend, having lost 3.76% over the last two days. Today's performance saw the stock reach an intraday high of Rs 531.35 but also dip to a low of Rs 485.9. Despite the recent falls, the stock has shown strong performance over the longer term, with a year-to-date increase of 8.30% and a remarkable 47.75% rise over the past year. The stock's moving averages indicate it is currently above the 100-day and 200-day averages but below the shorter-term averages, suggesting mixed signals. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 38.65% compared to the 5-day average, indicating some level of interest despite the recent price drop.
In the broader market context, Synergy Green's short-term performance has underperformed compared to the Sensex, which has seen a decline of 0.92% over the past week, while Synergy Green has fallen by 3.36% in the same period. This indicates that the stock is not only facing company-specific challenges but also broader market pressures. The liquidity of the stock remains adequate, allowing for trades of Rs 0.02 crore, which may help stabilize its price in the face of recent volatility. Overall, while the stock has shown strong long-term growth, the recent declines and performance relative to the benchmark suggest that investors are currently cautious.