Why is Aik Pipes & Poly falling/rising?

As of 02-Jul, Aik Pipes & Polymers Ltd is experiencing a decline in its stock price, currently at 70.00, reflecting a decrease of 0.3 or 0.43%. The stock has shown erratic trading patterns, having not traded on one day out of the last 20 days. Its performance today is in line with the sector, but it is trading higher than the 20-day moving averages while being lower than the 5-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume on June 30 falling by 74.14% against the 5-day average. The stock has also seen a substantial year-to-date decline of 37.02% and a one-year decline of 44.99%, indicating ongoing challenges.
In the broader market context, the Sensex has performed positively, gaining 0.79% over the past week and 6.75% year-to-date, contrasting sharply with Aik Pipes' negative returns. While the stock has increased by 3.69% over the past month, its overall performance remains weak compared to the benchmark, which has gained 2.50% in the same period. This disparity suggests that while there may be some short-term recovery, the long-term outlook for Aik Pipes is concerning, especially given its significant underperformance relative to the broader market trends.