Why is Aik Pipes & Poly falling/rising?

As of 24-Jul, Aik Pipes & Polymers Ltd is experiencing a decline in its stock price, currently at Rs 69.12, which reflects a decrease of Rs 3.1 or 4.29%. The stock has underperformed its sector by 4.77% today, and it has shown erratic trading patterns, not trading on 2 out of the last 20 days. The stock reached an intraday low of Rs 68.65, marking a drop of 4.94%. Additionally, Aik Pipes & Polymers has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has also decreased significantly, with a 33.33% drop compared to the 5-day average, indicating falling investor participation. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's movement.
In the broader market context, Aik Pipes & Polymers has shown a negative return of 3.54% over the past week, while the benchmark Sensex has only declined by 0.09%. Over the past month, the stock has decreased by 7.96%, contrasting with a slight increase of 0.16% in the Sensex. Year-to-date, Aik Pipes & Polymers has faced a significant decline of 37.81%, while the Sensex has gained 5.18%. This stark difference in performance highlights the challenges faced by Aik Pipes & Polymers in the current market environment.