Why is Aditya Ultra falling/rising?

As of 06-Aug, Aditya Ultra Steel Ltd's stock price is currently at Rs 39.05, reflecting a decline of Rs 2.05 or 4.99%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 8.97% during this period. Additionally, the stock has shown erratic trading patterns, not trading on 2 out of the last 20 days, and has experienced high volatility today with an intraday fluctuation of 5.66%. The stock's performance over the past week shows a decline of 6.13%, while it has increased by 16.57% over the past month. However, year-to-date, it is down by 19.82%. There is a noted decrease in investor participation, with delivery volume falling by 13.04% against the 5-day average, indicating a lack of confidence among investors.
In the broader market context, the Sensex has declined by only 1.13% over the past week, suggesting that Aditya Ultra Steel Ltd is underperforming relative to the benchmark index. While the stock opened with a gain of 2.19% today and reached an intraday high of Rs 42, it ultimately closed lower, indicating a lack of sustained buying interest. The stock's performance today, which underperformed its sector by 4.44%, further emphasizes its struggles in the current market environment. Overall, the combination of high volatility, declining investor participation, and significant underperformance compared to the benchmark contributes to the stock's recent downward movement.