Why is Chennai Ferrous falling/rising?

As of 13-Nov, Chennai Ferrous Industries Ltd's stock price is currently at 119.85, reflecting a decline of 7.15 points or 5.63%. The stock has underperformed its sector by 5.08% today, opening with a loss of 2.68% and reaching an intraday low of Rs 116.6, which is an 8.19% decrease. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 9.34%, and its year-to-date performance shows a decline of 8.86%, contrasting sharply with the Sensex, which has gained 8.11% during the same period. Unfortunately, there is no information available regarding positive or negative factors that could explain the stock's recent movement.
Broader market context shows that Chennai Ferrous's short-term performance is significantly lagging behind the benchmark index. While the Sensex has increased by 1.40% over the past week, Chennai Ferrous has seen a substantial decline, suggesting that investor sentiment towards the stock is weak compared to the overall market. The stock's year-to-date performance of -8.86% further emphasizes this underperformance, especially when juxtaposed with the Sensex's positive return. This disparity indicates that broader market conditions are favoring other investments over Chennai Ferrous, contributing to its declining stock price.