Why is Aik Pipes & Poly falling/rising?

As of 06-Oct, Aik Pipes & Polymers Ltd is experiencing a decline in its stock price, currently at Rs 61.00, which represents a decrease of 4.95 (-7.51%). The stock has underperformed its sector by 6.8% today and opened with a significant loss of 5.99%. Additionally, it has touched an intraday low of Rs 61, reflecting a consistent downward trend as it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 7.51%, while its year-to-date performance shows a substantial decline of 45.12%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.77% over the past week, Aik Pipes & Polymers Ltd's performance is notably weak. The stock's year-to-date decline of 45.12% starkly contrasts with the Sensex's gain of 4.67%, indicating that the broader market is performing well while Aik Pipes is struggling significantly. This disparity highlights the challenges faced by the company in the current market environment, contributing to the ongoing decline in its stock price.