Why is Ganga Forging falling/rising?

As of 08-Aug, Ganga Forging Ltd's stock price is currently at Rs. 3.43, reflecting a decrease of Rs. 0.06, or 1.72%. The stock has recently hit a new 52-week low of Rs. 3.4 today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 42.62% compared to the 5-day average. Over the past week, the stock has decreased by 6.03%, and its year-to-date performance shows a substantial decline of 50.43%, indicating a challenging period for the company.
In the broader market context, Ganga Forging's short-term performance has been notably worse than the benchmark Sensex, which has only declined by 0.82% over the past week. While the stock has outperformed its sector by 0.76% today, its year-on-year return of -51.76% starkly contrasts with the Sensex's modest gain of 1.02%. This underperformance relative to the benchmark and the significant drop in trading volume suggest that investor sentiment towards Ganga Forging is currently negative, contributing to the stock's decline.