Why is Bharat Wire falling/rising?

As of 07-Aug, Bharat Wire Ropes Ltd is experiencing a decline in its stock price, currently at 173.60, which reflects a decrease of 0.55 or 0.32%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total drop of 3.31%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, down by 28.7% compared to the 5-day average, suggesting a reduction in investor participation. There is no information available regarding positive or negative factors that could influence the stock's movement.
In the broader market context, Bharat Wire's performance over the past week shows a decline of 6.72%, while the benchmark Sensex has only decreased by 0.69%, indicating that the stock is underperforming relative to the market. Over the past month, Bharat Wire has dropped 16.92%, compared to the Sensex's decline of 3.38%. This significant underperformance in both the short-term and longer-term periods, where the stock has fallen 27.49% over the past year while the Sensex has gained 1.45%, highlights the challenges faced by Bharat Wire in the current market environment.