Why is Benara Bearings falling/rising?

As of 16-Sep, Benara Bearings & Pistons Ltd is experiencing a decline in its stock price, currently at Rs. 13.23, which represents a decrease of Rs. 0.6 or 4.34%. The stock has hit a new 52-week low of Rs. 13.18 today and has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 13.07% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish sentiment. There has also been a notable drop in investor participation, with delivery volume decreasing by 25% compared to the 5-day average, suggesting reduced interest among investors.
In the broader market context, Benara Bearings has underperformed significantly compared to the Sensex, with a 1-week return of -8.76% against the benchmark's +1.58%. Over the past month, the stock has declined by 12.90%, while the Sensex has gained 2.21%. Year-to-date, Benara Bearings has seen a substantial drop of 34.21%, contrasting with the Sensex's positive return of 5.43%. This stark difference in performance highlights the challenges faced by Benara Bearings in attracting investor confidence amid a generally positive market environment.