Why is Indobell Insul. falling/rising?

As of 03-Nov, Indobell Insulations Ltd is experiencing a decline in its stock price, currently at Rs 84.99, reflecting a decrease of Rs 4.01 or 4.51%. The stock has underperformed its sector by 4.61% today and is trading close to its 52-week low, just 2.31% away from Rs 83.03. The stock has also shown a trend reversal, falling after two consecutive days of gains. Additionally, it is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. Notably, investor participation has decreased significantly, with delivery volume dropping by 78.26% compared to the 5-day average, suggesting a lack of confidence among investors.
In the broader market context, the stock's performance over the past week shows a decline of 5.57%, while the Sensex has only decreased by 0.94%, highlighting a significant underperformance relative to the benchmark. Over the past month, Indobell Insulations Ltd has fallen by 18.20%, contrasting sharply with the Sensex's gain of 3.41%. This stark difference indicates that the stock is facing challenges that are not affecting the broader market, contributing to its current downward trajectory.