Why is Bharat Wire falling/rising?

As of 19-Nov, Bharat Wire Ropes Ltd is experiencing a decline in its stock price, currently at 189.25, which reflects a decrease of 0.45 or 0.24%. The stock has been on a downward trend, having fallen for the last four consecutive days, resulting in a total decline of 3.44% during this period. Although the stock has outperformed its sector by 0.33% today, its recent performance shows a negative trajectory with a year-to-date decline of 10.82% and a one-year decline of 14.68%. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 41.4% compared to the five-day average, indicating reduced trading interest.
In the broader market context, the Sensex has shown a positive return of 0.85% over the past week, contrasting with Bharat Wire's decline of 2.12% during the same period. While the stock has performed well over longer time frames, such as a 59.77% increase over three years and an impressive 658.52% rise over five years, its short-term performance is lagging behind the benchmark. This divergence suggests that while the company has potential for long-term growth, current market conditions and declining investor interest are contributing to its recent price drop.