Why is BSEL ALGO falling/rising?

As of 10-Nov, BSEL ALGO Ltd's stock price is currently at Rs 6.24, reflecting a decline of Rs 0.35 or 5.31%. The stock has recently underperformed its sector by 5.26% and is trading below all key moving averages, indicating a bearish trend. Additionally, it is close to its 52-week low, just 1.28% away from Rs 6.16. Over the past week, the stock has decreased by 4.15%, and its year-to-date performance shows a significant drop of 50.24%. Despite a notable increase in investor participation, with delivery volume rising by 825.33% compared to the 5-day average, the overall sentiment appears negative, contributing to the stock's recent decline.
In the broader market context, BSEL ALGO's performance has been notably weaker compared to the Sensex, which has gained 6.91% year-to-date. The stock's short-term return of -4.15% over the past week starkly contrasts with the Sensex's minor decline of 0.53% during the same period. This disparity highlights the stock's struggles relative to the overall market, further exacerbated by its significant year-over-year decline of 52.91% compared to the Sensex's 5.09% increase. The lack of positive factors in the dashboard suggests that there are no mitigating circumstances to support a rebound in the stock's price at this time.