Why is Alkali Metals falling/rising?

As of 08-Aug, Alkali Metals Ltd is experiencing a decline in its stock price, currently at Rs 87.67, reflecting a decrease of Rs 1.9 or 2.12%. The stock has been underperforming, having lost 4.16% over the last three days and opened today with a significant gap down of 8.9%, reaching an intraday low of Rs 81.6. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a notable increase in investor participation with a 97.92% rise in delivery volume compared to the 5-day average, the overall performance remains weak, with year-to-date returns down by 21.51% and a one-year decline of 31.08%. There is no information available regarding positive or negative factors that could influence the stock's movement.
In the broader market context, Alkali Metals' recent performance contrasts with the Sensex, which has shown a positive return of 2.20% year-to-date. Over the past week, Alkali Metals has underperformed the benchmark, with a decline of 1.73% compared to the Sensex's drop of 0.92%. This underperformance is further highlighted by the stock's significant losses over the past month, down 11.58%, while the Sensex has only decreased by 4.60%. The liquidity of the stock appears adequate for trading, but the persistent downward trend suggests that investor sentiment remains negative in the face of broader market stability.