Why is Benara Bearings falling/rising?

As of 10-Oct, Benara Bearings & Pistons Ltd is experiencing a decline in its stock price, currently at Rs. 12.73, which reflects a decrease of Rs. 0.65 or 4.86%. The stock has hit a new 52-week low today, indicating significant downward pressure. It has underperformed its sector by 3.96% today and is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day). Over the past week, the stock has decreased by 4.86%, and its year-to-date performance shows a substantial decline of 36.70%. Although there has been a notable increase in investor participation, with delivery volume rising by 300% against the 5-day average, the overall sentiment remains negative due to the stock's erratic trading patterns, having not traded on 5 out of the last 20 days.
In the broader market context, the Sensex has shown a positive return of 1.59% over the past week, contrasting sharply with Benara Bearings' decline. This divergence highlights the stock's underperformance relative to the benchmark index. Additionally, while the stock has seen a significant drop in its value over the past month (-16.36%) and year (-16.80%), the Sensex has remained relatively stable with modest gains. The liquidity of the stock is adequate for trading, but the persistent downward trend and failure to recover from recent lows suggest that investor confidence is waning, further contributing to the stock's decline.