Why is Impex Ferro Tech falling/rising?

As of 29-Sep, Impex Ferro Tech Ltd is experiencing a decline in its stock price, currently at Rs 1.88, which reflects a decrease of Rs 0.07 or 3.59%. The stock has been underperforming significantly, having fallen for the last four consecutive days, resulting in a total drop of 9.18% during this period. It is currently trading below all its moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 3.19% away from Rs 1.82. The delivery volume has also seen a drastic decline, down by 99.05% compared to the 5-day average, suggesting a lack of investor interest.
In the broader market context, Impex Ferro Tech's performance over the past week shows a decline of 6.93%, while the benchmark Sensex has only decreased by 2.18%. This stark contrast highlights the stock's underperformance relative to the market. Over the past month, the stock has dropped 8.29%, while the Sensex has gained 0.70%, further emphasizing its struggles. Year-to-date, Impex Ferro Tech has seen a significant decline of 36.05%, contrasting with the Sensex's modest increase of 2.85%. Overall, the combination of poor recent performance, low investor participation, and unfavorable comparisons to the benchmark indicates a challenging environment for Impex Ferro Tech Ltd.