Why is Guj Apollo Inds falling/rising?

As of 13-Oct, Gujarat Apollo Industries Ltd is experiencing a decline in its stock price, currently at 447.65, which reflects a decrease of 8.65 points or 1.9%. The stock has underperformed its sector by 1.23% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 5.61% during this period. Additionally, the stock touched an intraday low of Rs 436.25, indicating significant selling pressure. While the stock has shown strong performance year-to-date with a gain of 37.91%, its recent returns over the past week and month are negative, at -6.63% and -8.14%, respectively. There is a notable increase in investor participation, with delivery volume rising by 58.47% against the 5-day average, suggesting some interest despite the price drop. Unfortunately, there is no information available on positive or negative factors that could further explain the stock's recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.66% over the past week and 0.52% over the past month, Gujarat Apollo Industries Ltd's short-term returns are significantly lagging, indicating a relative weakness in the stock's performance. The broader market appears to be stable or slightly positive, contrasting with the declines seen in Gujarat Apollo's stock. This divergence may reflect specific challenges faced by the company or sector, contributing to the stock's underperformance relative to the overall market trend.