Why is Inducto Steel falling/rising?

As of 13-Nov, Inducto Steel Ltd is experiencing a decline in its stock price, currently at Rs 58.71, reflecting a decrease of 3.09 (-5.0%). The stock has underperformed its sector by 4.28% today and has shown erratic trading patterns, not trading on one day out of the last twenty. It has touched an intraday low of Rs 58.71 and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 6.81%, and year-to-date, it has fallen by 25.26%. While there has been a rise in investor participation, with delivery volume increasing by 50.43% against the 5-day average, the overall performance remains negative, and no positive or negative dashboard data is available to provide further insights.
Broader market context indicates that while Inducto Steel has faced significant declines, the benchmark Sensex has shown a positive return of 1.40% over the past week and 8.11% year-to-date. This stark contrast highlights the stock's underperformance relative to the broader market. The stock's recent struggles, combined with its poor performance against the benchmark, suggest that investor sentiment may be leaning towards caution, contributing to the downward price movement.