Why is Aik Pipes & Poly falling/rising?

As of 05-Aug, Aik Pipes & Polymers Ltd is experiencing a decline in its stock price, currently at Rs 69.35, which represents a decrease of 3.64 or 4.99%. The stock has underperformed its sector by 4.8% today and opened with a loss of 4.99%. It has not traded on 5 out of the last 20 days, indicating erratic trading behavior. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In terms of returns, the stock has seen a significant decline of 37.61% year-to-date and 56.66% over the past year, contrasting sharply with the Sensex, which has gained 3.29% and 2.48% over the same periods, respectively. There is no available information on positive or negative factors that could provide further context for this movement.
Broader Market Context: The broader market context shows that Aik Pipes & Polymers Ltd has significantly underperformed compared to the benchmark Sensex, particularly in the short term, with a 1-week decline of 4.99% against the Sensex's 0.77% drop. This stark contrast highlights the stock's struggles relative to the overall market performance. The company's year-to-date and one-year returns further emphasize its poor performance, as it has not only lagged behind the benchmark but has also faced substantial losses, indicating a lack of investor confidence and potential challenges within the company or its sector.