Why is Aro Granite Inds falling/rising?

As of 12-Nov, Aro Granite Industries Ltd is experiencing a decline in its stock price, currently at Rs 33.01, which reflects a decrease of Rs 1.5 or 4.35%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 7.38% during this period. It is also trading close to its 52-week low, just 3.06% away from Rs 32. The stock's performance has been notably poor over various time frames, with a year-to-date decline of 29.99% and a one-year drop of 35.41%. Additionally, the stock is trading below all significant moving averages, indicating a bearish trend. There has been a significant drop in investor participation, with delivery volume plummeting by 84.49% compared to the five-day average, which suggests a lack of confidence among investors.
In the broader market context, Aro Granite's performance contrasts sharply with the benchmark Sensex, which has shown positive returns of 1.21% over the past week and 2.38% over the past month. This stark difference highlights the stock's struggles relative to the overall market, where it has underperformed significantly. The high volatility observed today, with an intraday fluctuation of 5.82%, further emphasizes the uncertainty surrounding the stock. Overall, the combination of poor performance metrics, declining investor interest, and unfavorable comparisons to the benchmark indicates that Aro Granite Industries Ltd is facing significant challenges in the current market environment.