Why is Heera Ispat falling/rising?

As of 30-Oct, Heera Ispat Ltd's stock price is currently at 7.57, reflecting a decline of 0.57, or 7.0%. The stock has been underperforming significantly, having lost 8.8% over the last three days and is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a drastic drop in investor participation, with delivery volume on 29 October falling by 92.09% compared to the 5-day average. The stock's performance over the past month shows a decline of 9.88%, while it has also underperformed the benchmark Sensex, which has gained 5.15% during the same period.
In the broader market context, Heera Ispat's short-term performance contrasts sharply with the Sensex, which has only declined by 0.18% over the past week. The stock's year-to-date performance is also negative at -4.18%, while the Sensex has increased by 8.02%. This indicates that the stock is not only struggling in the short term but also lagging behind the overall market trends. The lack of available positive factors further emphasizes the challenges faced by Heera Ispat, contributing to its recent price decline.