Why is IRM Energy falling/rising?

As of 17-Oct, IRM Energy Ltd's stock price is currently at Rs 325.95, reflecting a decrease of Rs 6.6 or 1.98%. The stock has underperformed its sector by 1.04% today and has experienced a trend reversal after two consecutive days of gains. It reached an intraday low of Rs 324.05, which is a decline of 2.56%. Over the past week, the stock has fallen by 5.14%, and year-to-date, it has decreased by 6.32%. Despite being higher than the 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day and 20-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 170.46% against the 5-day average, indicating some interest in trading the stock.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.76% over the past week, IRM Energy's performance has been significantly weaker. The Sensex has also shown positive returns of 7.44% year-to-date, contrasting with IRM Energy's decline. This disparity suggests that broader market conditions are favoring other stocks, while IRM Energy is struggling to maintain its value amidst these trends. The absence of specific positive or negative factors further complicates the understanding of the stock's recent movements, indicating that external influences may not be clearly defined at this time.