Why is Aditya Ultra falling/rising?

As of 12-Sep, Aditya Ultra Steel Ltd is experiencing a slight increase in its stock price, currently at 38.95, reflecting a change of 0.15 or 0.39% upward. Despite this positive movement today, the stock has shown a decline of 0.13% over the past week and the same percentage over the past month. The stock is currently outperforming its sector by 0.42%. However, it is important to note that the stock's delivery volume has significantly decreased by 73.68% compared to the 5-day average, indicating falling investor participation. Additionally, while the stock is above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average, which may suggest a lack of long-term momentum.
In the broader market context, the Sensex has performed positively, gaining 1.51% over the past week and 2.56% over the past month, while Aditya Ultra Steel has not kept pace with these benchmarks, showing a year-to-date decline of 20.02% compared to the Sensex's increase of 6.21%. This underperformance relative to the benchmark may contribute to investor caution regarding the stock. The liquidity of the stock is deemed sufficient for trading, based on 2% of the 5-day average traded value, but the significant drop in delivery volume could signal a lack of confidence among investors, further impacting the stock's price movement.