Why is Ganga Forging falling/rising?

As of 06-Aug, Ganga Forging Ltd is experiencing a decline in its stock price, currently at Rs. 3.51, which represents a decrease of 0.02 or 0.57%. The stock has hit a new 52-week low of Rs. 3.4 today and has been on a downward trend, falling consecutively for the last three days with a total decline of 3.84% during this period. Additionally, the stock has underperformed significantly over the past week and month, with returns of -4.62% and -6.90%, respectively. It is also trading below all its moving averages, indicating a bearish trend. Despite this, there has been a rise in investor participation, with delivery volume increasing by 23.2% compared to the five-day average, suggesting some interest in the stock despite its recent poor performance.
In the broader market context, Ganga Forging's performance has been notably worse than the benchmark index, Sensex, which has shown a decline of only 1.13% over the past week and 3.48% over the past month. Year-to-date, Ganga Forging has plummeted by 49.28%, while the Sensex has gained 3.93%. This stark contrast highlights the stock's struggles relative to the overall market, further exacerbated by its erratic trading patterns, including not trading on two days out of the last twenty. The lack of positive factors available in the data suggests that there are no immediate catalysts to reverse the stock's downward trajectory.