Why is Cosmo Ferrites falling/rising?

As of 06-Aug, Cosmo Ferrites Ltd is experiencing a decline in its stock price, currently at Rs 260.00, which reflects a decrease of Rs 6.9 or 2.59%. The stock has underperformed its sector by 1.75% today and has fallen after two consecutive days of gains. It reached an intraday low of Rs 260, and the trading volume has significantly decreased, with delivery volume dropping by 59.69% compared to the 5-day average. Over the past week, the stock has seen a return of -5.80%, while its year-to-date performance shows a substantial decline of 21.82%. The stock's moving averages indicate that it is currently lower than the 5-day, 20-day, 50-day, and 200-day moving averages, suggesting a bearish trend.
Broader Market Context: In comparison to the benchmark Sensex, which has declined by 1.15% over the past week, Cosmo Ferrites' performance is notably worse. The benchmark has shown a year-to-date increase of 3.08%, contrasting sharply with the significant drop in Cosmo Ferrites' stock price. This underperformance relative to the market may reflect broader investor sentiment and market conditions that are unfavorable for the stock, contributing to its recent price decline.