Why is Atam Valves falling/rising?

As of 07-Aug, Atam Valves Ltd's stock price is currently at Rs 91.60, reflecting an increase of Rs 1.1 or 1.22%. The stock has shown some positive movement today, outperforming its sector by 1.83% and reaching an intraday high of Rs 94.13, which is a 4.01% increase. However, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend over the longer term. Additionally, there has been a decline in investor participation, with delivery volume falling by 15.31% compared to the 5-day average. The stock's performance over various periods shows significant declines, with a year-to-date drop of 32.65% and a one-year decline of 49.35%, suggesting ongoing challenges for the company.
In the broader market context, the Sensex has experienced a slight decline of 0.69% over the past week, while Atam Valves has seen a more pronounced drop of 7.99% in the same period. This indicates that the stock's recent performance is significantly worse than the overall market trend. The stark contrast in returns, particularly the year-to-date performance where the Sensex has gained 3.18%, highlights the difficulties Atam Valves is facing relative to the broader market. Overall, while there is a slight uptick in today's trading, the long-term outlook remains negative, compounded by declining investor interest and poor performance against market benchmarks.