Why is Beekay Steel Ind. falling/rising?

As of 22-Sep, Beekay Steel Industries Ltd is experiencing a decline in its stock price, currently at Rs 477.75, which reflects a decrease of Rs 18.2 or 3.67%. The stock has underperformed its sector by 3.3% today and has fallen after two consecutive days of gains. It reached an intraday high of Rs 506.95 but also touched a low of Rs 473, indicating significant volatility. 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 decreased by 6.45% compared to the 5-day average, indicating falling investor participation. There are no positive or negative factors provided that could further explain the stock's recent movement.
Broader market context shows that Beekay Steel's performance over the past week has been a decline of 3.21%, while the Sensex has increased by 0.46%. Over the past month, the stock has decreased by 5.40%, contrasting with a 1.05% gain in the benchmark index. Year-to-date, Beekay Steel has seen a significant drop of 29.22%, while the Sensex has risen by 5.15%. This underperformance relative to the benchmark highlights the challenges faced by Beekay Steel Industries Ltd in the current market environment.