Why is Kalyani Cast-Tec falling/rising?

As of 16-Sep, Kalyani Cast-Tech Ltd's stock is currently priced at Rs 562.00, reflecting a decline of Rs 19.75 or 3.39%. The stock has been underperforming, having lost 8.17% over the last three days, and it touched an intraday low of Rs 549.95, which represents a drop of 5.47%. Additionally, the stock has shown a negative performance today, underperforming its sector by 3.81%. In terms of returns, while the stock has gained 9.13% over the past month and 23.45% year-to-date, it has recently faced a downturn, with a weekly decline of 4.00% compared to the Sensex's increase of 1.58%. The delivery volume has also significantly decreased, indicating falling investor participation, which could contribute to the stock's recent price movement.
Broader market context reveals that Kalyani Cast-Tech Ltd's short-term performance has been weaker than the benchmark, as evidenced by its 1-week return of -4.00% against the Sensex's positive return of +1.58%. This underperformance in the short term, coupled with a significant drop in trading volume and consecutive days of price decline, suggests a lack of investor confidence. The stock remains liquid enough for trading, but the overall market sentiment appears to be affecting its price negatively, as indicated by the recent trends in both stock performance and investor activity.