Why is Bihar Sponge falling/rising?

As of 22-Sep, Bihar Sponge Iron Ltd's stock price is currently at 12.89, reflecting a decrease of 0.14, or 1.07%. The stock has been underperforming, having lost 7.2% over the last four days, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has shown a significant decline in returns, with a year-to-date drop of 22.58% and a one-year decline of 42.96%. While there has been a rise in investor participation, indicated by a 27.8% increase in delivery volume, the overall performance remains negative, and there are no positive or negative factors available to provide further context on the stock's recent movement.
In the broader market context, Bihar Sponge Iron Ltd's short-term performance has been notably worse than the benchmark, with a 1-week return of -5.64% compared to the Sensex's gain of 0.46%. This underperformance highlights the stock's struggles relative to the overall market, which has shown positive movement in the same period. The stark contrast between the stock's declining returns and the benchmark's gains suggests a lack of investor confidence and potential challenges specific to the company that are not reflected in the broader market trends.