Why is Kalyani Cast-Tec falling/rising?

As of 22-Sep, Kalyani Cast-Tech Ltd's stock price is currently at Rs 567.50, reflecting a decline of Rs 10.6 or 1.83%. The stock has been underperforming, having fallen consecutively for the last two days with a total return decrease of 2.16%. Today's trading saw the stock reach an intraday high of Rs 592 but also dip to a low of Rs 566. Additionally, the stock's performance over the past week shows a decline of 2.45%, while it has performed better over the last month with an increase of 8.93%. Notably, there has been a significant drop in investor participation, with delivery volume falling by 57.89% compared to the five-day average, indicating reduced interest among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.46% over the past week, Kalyani Cast-Tech Ltd's recent performance has been notably weaker. While the stock has shown positive returns year-to-date at 24.66%, its short-term performance indicates a struggle against the broader market trends. The stock's liquidity remains adequate for trading, but the recent decline in delivery volume suggests a potential lack of confidence among investors, contributing to its current downward trajectory.