Why is Beekay Steel Ind. falling/rising?

As of 15-Oct, Beekay Steel Industries Ltd is experiencing a slight decline in its stock price, currently at 464.00, reflecting a change of -0.15, or -0.03%. The stock has underperformed its sector by 1.07% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 2.48%. Additionally, the stock has shown significant underperformance over various periods, with a year-to-date decline of 31.26% compared to a 5.72% increase in the benchmark index. It is also trading below its moving averages across multiple time frames, indicating a bearish trend. Although there has been a notable increase in investor participation, with delivery volume rising by 87.78% against the 5-day average, the overall sentiment remains negative.
In the broader market context, Beekay Steel's short-term performance has been unfavorable compared to the benchmark, as it has declined by 1.34% over the past week while the Sensex has gained 1.02%. This stark contrast highlights the stock's struggles relative to the market. The stock's liquidity appears sufficient for trading, but the lack of positive factors in the dashboard suggests that there are no significant catalysts to drive the price upward at this time. Overall, the combination of poor recent performance, negative trends in moving averages, and underperformance against the benchmark contributes to the stock's current downward movement.