Why is Aik Pipes & Poly falling/rising?

As of 27-Jun, Aik Pipes & Polymers Ltd is experiencing a decline in its stock price, currently at 73.98, which reflects a decrease of 0.77 or 1.03%. The stock has underperformed its sector by 0.71% today and has been on a downward trend, losing 1.49% over the last two days. In terms of returns, the stock has seen a significant decline of 33.44% year-to-date and 41.29% over the past year, while it has gained 19.32% in the past week. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 69.23% compared to the 5-day average, indicating reduced interest in trading the stock.
Broader Market Context: In comparison to the benchmark Sensex, which has risen by 2.00% over the past week and 3.07% over the past month, Aik Pipes & Polymers Ltd's recent performance highlights a stark contrast, particularly with its 9.05% decline over the past month. The broader market has shown resilience, with positive returns year-to-date and over the past year, while Aik Pipes continues to struggle with significant losses. This divergence suggests that while the overall market is gaining, Aik Pipes is facing specific challenges that are contributing to its declining stock price.