Why is Amforge Inds. falling/rising?

As of 13-Oct, Amforge Industries Ltd is experiencing a decline in its stock price, currently at 9.19, reflecting a decrease of 0.2 or 2.13%. The stock has been underperforming, having fallen consecutively over the last two days with a total decline of 2.96%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has decreased, with delivery volume dropping by 3.74% compared to the 5-day average. The stock's performance over the past week and month shows significant underperformance, with declines of 5.26% and 7.36%, respectively, while year-to-date returns are down by 16.30%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.
Broader market context indicates that while Amforge Industries Ltd has struggled, the benchmark Sensex has shown resilience, gaining 0.66% over the past week and 0.52% over the past month. This contrast highlights the stock's underperformance relative to the broader market, as it has not only lagged behind the benchmark in the short term but also in the year-to-date performance, where the Sensex has increased by 5.36%. The disparity in returns suggests that external market conditions may be favoring other sectors or stocks, further contributing to the downward pressure on Amforge Industries Ltd's stock price.