Why is IRM Energy falling/rising?

As of 08-Oct, IRM Energy Ltd's stock price is currently at 345.90, reflecting a decline of 6.0 points or 1.71%. The stock has been underperforming, having lost 6.06% over the past week and has been on a consecutive downward trend for the last four days. Today's trading saw the stock reach an intraday low of Rs 338.55, indicating a significant drop of 3.79%. Despite the recent downturn, there has been a notable increase in investor participation, with delivery volume rising by 56.71% compared to the five-day average. The stock's performance over the past year shows a decline of 18.24%, contrasting with a slight year-to-date decrease of 0.59%.
In the broader market context, the Sensex has shown a positive return of 0.98% over the past week, highlighting a stark contrast to IRM Energy's performance. While the stock has outperformed the benchmark over the past month with a gain of 20.19%, its recent struggles indicate a divergence from the overall market trend. The liquidity of the stock remains adequate, allowing for trades of Rs 0.53 crore, which may provide some support in the current market conditions. However, the lack of available positive or negative dashboard data limits a comprehensive understanding of the factors influencing the stock's recent movement.