Why is Bansal Wire Inds falling/rising?

As of 16-Sep, Bansal Wire Industries Ltd is experiencing a decline in its stock price, currently at Rs 353.50, reflecting a decrease of Rs 4.5 or 1.26%. The stock has underperformed its sector today by 1.92%, having touched an intraday low of Rs 350.85, which is a 2% drop. Additionally, 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 past week, the stock has declined by 1.81%, and its year-to-date performance shows a significant drop of 23.15%. Despite a low debt-to-equity ratio of 0.47 and an attractive return on capital employed (ROCE) of 12.8, the stock's returns have been negative, with a 1-year return of -18.80%, suggesting poor long-term growth prospects.
In the broader market context, the Sensex has shown a positive return of 1.58% over the past week, contrasting sharply with Bansal Wire's negative performance. The company has consistently underperformed against the benchmark over the last three years, which has likely contributed to investor sentiment turning negative. The stock's liquidity is adequate for trading, but a notable decline in delivery volume by 16.13% against the 5-day average indicates falling investor participation. Furthermore, while the company's profits have risen by 89% over the past year, the flat results reported in June and the slow growth in net sales at an annual rate of 13.40% over the last five years raise concerns about its future growth potential, reinforcing the stock's downward trajectory.