Why is Bansal Wire Inds falling/rising?

As of 29-Aug, Bansal Wire Industries Ltd is experiencing a decline in its stock price, currently at 358.25, which reflects a decrease of 1.85 points or 0.51%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 2.91% during this period. Additionally, the stock has shown a significant drop of 12.41% over the past month and 22.12% year-to-date, while its performance against the benchmark Sensex has also been poor, with a return of -11.75% over the last year. Despite a low debt-to-equity ratio and an attractive valuation indicated by a ROCE of 12.8, the company's long-term growth prospects appear limited, as evidenced by a modest annual net sales growth of 13.40% over the last five years.
In the broader market context, Bansal Wire Industries Ltd's short-term performance has been worse than the benchmark, with a 1-week return of -3.44% compared to the Sensex's -1.84%. The stock's liquidity is adequate for trading, but a significant drop in delivery volume by 44.92% against the 5-day average suggests a decrease in investor participation. Furthermore, the company has consistently underperformed against the benchmark over the last three years, which may contribute to investor sentiment leaning towards selling. Overall, the combination of declining stock performance, poor long-term growth prospects, and reduced investor interest is leading to the current downward movement in the stock price.