Why is Chennai Ferrous falling/rising?

As of 08-Oct, Chennai Ferrous Industries Ltd is experiencing a decline in its stock price, currently at Rs 129.45, which reflects a decrease of Rs 3.05 or 2.3%. The stock has underperformed its sector by 1.53% today and has been on a consecutive downward trend for the last two days, accumulating a total decline of 2.82%. Over the past week, the stock has decreased by 2.74%, and it has shown a significant drop of 14.30% over the past year, indicating a longer-term struggle. Additionally, the stock's delivery volume has fallen sharply by 70.77% compared to its five-day average, suggesting a decrease in investor participation. There is no information available regarding positive or negative factors that could influence the stock's movement.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.98% over the past week, Chennai Ferrous has notably lagged behind, highlighting its underperformance in the current market environment. The Sensex has also shown a positive return of 4.65% year-to-date, contrasting with Chennai Ferrous's decline of 1.56% in the same period. This disparity indicates that while the broader market is experiencing growth, Chennai Ferrous is struggling to maintain investor interest and confidence, contributing to its declining stock price.