Why is Bihar Sponge falling/rising?

As of 19-Sep, Bihar Sponge Iron Ltd's stock price is currently at 13.05, reflecting a decrease of 0.1, or 0.76%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 6.05% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has also shown significant underperformance over various time frames, with a year-to-date decline of 21.62% compared to a 5.74% increase in the Sensex. Notably, there has been a rise in investor participation, with delivery volume increasing by 144.26% against the 5-day average, indicating some interest despite the stock's recent poor performance. There are no positive or negative factors available to further explain the stock's movement.
Broader Market Context: In the short term, Bihar Sponge Iron Ltd has underperformed the benchmark Sensex, which has gained 0.88% over the past week while the stock has declined by 2.61%. This trend of underperformance is consistent with the stock's year-to-date and one-year returns, where it has significantly lagged behind the benchmark. The broader market appears to be experiencing a slight upward trend, contrasting with the challenges faced by Bihar Sponge Iron Ltd, which may be contributing to the stock's downward movement.