Why is Heera Ispat falling/rising?

As of 29-Sep, Heera Ispat Ltd's stock price is currently at 8.16, reflecting a decrease of 0.34, or 4.0%. Today's price summary indicates that the stock has underperformed its sector by 3.22%. Additionally, while the stock has shown a positive return of 3.29% year-to-date, it has experienced a decline of 5.66% over the past month. The stock is trading above its 200-day moving average but below its shorter-term moving averages, suggesting mixed momentum. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 77.78% compared to the 5-day average. The stock is considered risky due to negative EBITDA and flat profit results over the past year, which may contribute to the recent price decline.
In the broader market context, Heera Ispat's recent performance contrasts with the benchmark, as it has outperformed the Sensex over the past year, which has declined by 6.08%. However, in the short term, the stock's performance has lagged behind the benchmark, with a 1-week return of 3.16% compared to the Sensex's decline of 2.18%. This indicates that while the stock has shown resilience over a longer period, its recent underperformance relative to both the sector and the benchmark may be influencing the current price drop.