Why is Bimetal Bearings falling/rising?

As of 14-Nov, Bimetal Bearings Ltd. is experiencing a decline in its stock price, currently at Rs 603.70, which reflects a decrease of Rs 32.05 or 5.04%. The stock opened the day with a gain of 2.78%, reaching an intraday high of Rs 653.4, but subsequently fell to a low of Rs 598, indicating significant volatility. The stock has underperformed its sector by 5.2% today, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 36.67% compared to the 5-day average. The stock's performance over the past week, month, and year has also been negative, with declines of 3.97%, 2.74%, and 10.96%, respectively, while the year-to-date return stands at -12.30%.
In the broader market context, the Sensex has shown positive movement, gaining 1.62% over the past week and 3.09% over the past month, while Bimetal Bearings has struggled to keep pace. The stock's year-to-date performance is significantly lagging behind the benchmark, which has increased by 8.22%. This contrast highlights the challenges faced by Bimetal Bearings in attracting investor interest and maintaining momentum, especially in a market that is otherwise showing positive trends. The lack of available positive factors further emphasizes the difficulties the company is encountering in the current market environment.