Why is Ankit Met.Power falling/rising?

As of 23-Jun, Ankit Metal & Power Ltd's stock price is currently at 2.12, reflecting an increase of 0.09 or 4.43%. The stock has shown a performance today that outperformed its sector by 4.24%. However, it is important to note that the stock is currently higher than its 5-day moving averages but lower than its 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 82.68% against the 5-day average. Over the past week, the stock has gained 0.47%, but it has seen a substantial decline of 9.79% over the past month and a staggering 54.99% year-to-date.
In the broader market context, the Sensex has shown a modest increase of 0.12% over the past week and a gain of 4.81% year-to-date, indicating that the overall market is performing better than Ankit Metal & Power Ltd in the short term. While the stock has outperformed the sector today, its longer-term performance remains concerning, with a 47.78% decline over the past year and a 70.43% drop over the past three years. This stark contrast between the stock's performance and the benchmark highlights the challenges the company faces in regaining investor confidence amidst falling participation and liquidity concerns.