Why is Forbes Precision falling/rising?

As of 23-Jun, Forbes Precision Tools & Machine Parts Ltd is experiencing a decline in its stock price, currently at Rs 214.00, which reflects a decrease of Rs 9.6 or 4.29%. Today's price summary indicates that the stock opened with a gain of 2.01% but subsequently faced significant volatility, reaching an intraday high of Rs 232 before dropping to a low of Rs 206.95. Over the past week, the stock has underperformed, showing a decline of 3.60%, and year-to-date, it has fallen by 24.81%. Despite having a low debt-to-equity ratio, which is generally a positive indicator, the stock's recent performance has been negatively impacted by a substantial drop in investor participation, with delivery volume decreasing by 65.18% compared to the five-day average.
In the broader market context, the Sensex has shown a slight increase of 0.12% over the past week, contrasting with Forbes Precision's decline. This underperformance relative to the benchmark suggests that investor sentiment towards the stock is weak, particularly as it has fallen significantly over the past year by 30.63%, while the Sensex has gained 6.07%. The electronics components sector has seen a modest gain of 2.04%, indicating that the challenges faced by Forbes Precision may be more company-specific rather than reflective of the overall market trend.