Why is Galaxy Bearings falling/rising?

As of 13-Oct, Galaxy Bearings Ltd is experiencing a decline in its stock price, currently at Rs 835.80, which reflects a decrease of Rs 19.9 or 2.33%. The stock has underperformed its sector by 0.35% today and reached an intraday low of Rs 807, marking a significant drop of 5.69%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 23.08% compared to the 5-day average, suggesting a decline in investor participation. Over the past year, the stock has seen a substantial decline of 37.11%, contrasting sharply with the Sensex's modest gain of 1.16%.
In the broader market context, Galaxy Bearings' performance over the past week shows a decline of 2.37%, while the Sensex has increased by 0.66%, highlighting the stock's underperformance relative to the benchmark. The year-to-date return for Galaxy Bearings is down 20.62%, compared to a 5.36% increase in the Sensex, further emphasizing the stock's struggles in the current market environment. The significant drop in both short-term and long-term returns, coupled with falling investor interest and liquidity concerns, suggests that Galaxy Bearings is facing challenges that are impacting its stock price negatively.