Why is Bihar Sponge falling/rising?

As of 13-Oct, Bihar Sponge Iron Ltd is experiencing a decline in its stock price, currently at 12.40, which reflects a decrease of 0.27 or 2.13%. The stock has been underperforming, having lost 2.9% over the last three days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has shown significant underperformance compared to the sector, with a decline of 1.49% today. Year-to-date, the stock has dropped by 25.53%, and over the past year, it has decreased by 34.11%. While there has been a notable increase in investor participation, with delivery volume rising by 334.11% against the 5-day average, the overall performance remains weak. In the broader market context, the Sensex has shown a positive return of 0.66% over the past week, contrasting sharply with Bihar Sponge's decline of 1.27% during the same period. This disparity highlights the stock's struggles relative to the benchmark. Furthermore, while the stock has seen substantial growth over the past three and five years, the recent trends indicate a significant downturn, suggesting that investor sentiment may be shifting negatively despite the increased trading volume. The lack of positive factors in the available data further emphasizes the challenges the stock is currently facing.