Why is Bihar Sponge falling/rising?

As of 07-Aug, Bihar Sponge Iron Ltd's stock price is currently at 14.15, reflecting a decrease of 0.15, or 1.05%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 9.87% over that period. Additionally, the stock's performance today underperformed the sector by 1.31%. The delivery volume has also seen a significant drop, with a 56.66% decrease compared to the five-day average, indicating falling investor participation. The stock's performance over various time frames shows a stark contrast, with a year-to-date decline of 15.02% compared to a positive return of 3.18% for the Sensex.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, as it has declined by 9.87% over the past week while the Sensex has only decreased by 0.69%. This underperformance is further emphasized by the stock's year-on-year decline of 29.43%, contrasting sharply with the Sensex's modest gain of 1.45%. The liquidity of the stock remains adequate for trading, but the significant drop in delivery volume suggests a lack of confidence among investors, contributing to the stock's downward trend.