Why is Geekay Wires falling/rising?

As of 11-Nov, Geekay Wires Ltd is experiencing a decline in its stock price, currently at Rs. 31.27, which reflects a decrease of Rs. 0.79 or 2.46%. The stock has hit a new 52-week low today and is underperforming its sector by 3.6%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has shown significant underperformance over various periods, with a year-to-date decline of 36.87% compared to a 8.67% increase in the Sensex. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 33.34% against the 5-day average.
In the broader market context, the stock's short-term performance has been significantly worse than the benchmark, as it has declined by 7.35% over the past week while the Sensex has gained 0.38%. This stark contrast highlights the stock's struggles relative to the overall market. The lack of available positive factors further underscores the challenges facing Geekay Wires, as it continues to grapple with declining investor interest and poor performance metrics.