Why is Alkali Metals falling/rising?

As of 06-Oct, Alkali Metals Ltd is experiencing a decline in its stock price, currently at Rs 90.32, which reflects a decrease of Rs 1.64 or 1.78%. The stock has been underperforming, having fallen for three consecutive days, resulting in a total decline of 3.35% during this period. Today's trading saw the stock reach an intraday high of Rs 93.87 but also dip to a low of Rs 89.85. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, there has been a significant drop in investor participation, with delivery volume plummeting by 92.3% compared to the 5-day average, which suggests a lack of confidence among investors.
In the broader market context, Alkali Metals has underperformed against the Sensex, which has gained 1.77% over the past week while Alkali Metals has declined by 1.80%. Year-to-date, the stock is down 19.14%, contrasting sharply with the Sensex's increase of 4.67%. Over the past year, Alkali Metals has also seen a significant decline of 23.52%, while the benchmark has remained relatively flat with a 0.12% increase. This stark contrast in performance highlights the challenges faced by Alkali Metals in attracting investor interest and maintaining price stability amidst a generally positive market environment.