Why is Gandhi Spl. Tube falling/rising?

As of 04-Nov, Gandhi Special Tubes Ltd is experiencing a decline in its stock price, currently at 855.00, which reflects a decrease of 13.55 or 1.56%. The stock has underperformed its sector by 0.47% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 3.38% during this period. Additionally, the stock's performance over the past week shows a decline of 3.24%, while it has underperformed the benchmark Sensex, which has only fallen by 1.38%. The stock's delivery volume has also decreased significantly, with a 30.17% drop compared to the 5-day average, indicating falling investor participation. Although the stock remains above its 100-day and 200-day moving averages, it is below the shorter-term moving averages, suggesting a potential bearish trend.
Broader Market Context: In the context of the broader market, Gandhi Special Tubes Ltd's short-term performance has lagged behind the Sensex, which has shown a positive return of 2.77% over the past month, while the stock itself has declined by 9.37%. This underperformance highlights a challenging environment for the stock relative to the overall market. Despite a strong year-to-date return of 8.52%, the recent trends indicate that investor sentiment may be shifting negatively, contributing to the stock's current decline amidst a generally more favorable market backdrop.