Why is Alicon Cast. falling/rising?

As of 10-Nov, Alicon Castalloy Ltd's stock price is currently at 870.10, reflecting a decline of 35.25 points or 3.89%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 10.23% during this period. Today's trading saw the stock hit an intraday low of Rs 862.2, and the volume traded was more concentrated near this low price, indicating weaker investor interest. Additionally, the stock's delivery volume has decreased by 27.62% compared to the five-day average, suggesting a decline in investor participation. Over the past year, the stock has underperformed significantly, with a return of -32.73%, contrasting sharply with the Sensex's gain of 5.09%.
In the broader market context, the stock's performance over the past week shows a decline of 9.54%, while the Sensex has only decreased by 0.53%, highlighting a significant underperformance relative to the benchmark. Despite a slight positive return of 1.97% over the past month, the year-to-date performance remains concerning with a drop of 12.75%, especially when compared to the Sensex's increase of 6.91%. This divergence indicates that while the market may be stabilizing or improving, Alicon Castalloy Ltd is facing specific challenges that are negatively impacting its stock price.