Why is BCL Industries falling/rising?

As of 17-Nov, BCL Industries Ltd is experiencing a decline in its stock price, currently at Rs 36.57, which represents a decrease of Rs 1.42 or 3.74%. The stock has been underperforming, having fallen for the last three days with a total decline of 6.98% during this period. Today's performance indicates that it has underperformed its sector by 3.37%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. The delivery volume has also decreased significantly, falling by 27.94% against the 5-day average, indicating a drop in investor participation.
In the broader market context, BCL Industries' short-term performance has been notably poor compared to the benchmark Sensex, which has gained 1.69% over the past week while BCL has lost 4.57%. Year-to-date, the stock is down 27.38%, contrasting sharply with the Sensex's increase of 8.72%. This significant underperformance relative to the benchmark and the overall market sentiment may be contributing to the stock's decline, as investors appear to be losing confidence in its prospects.