Why is KIC Metaliks falling/rising?

As of 08-Aug, KIC Metaliks Ltd is experiencing a decline in its stock price, currently at 33.65, reflecting a decrease of 0.35 or 1.03%. The stock has underperformed its sector by 0.75% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the delivery volume has significantly decreased by 56.56% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has dropped by 4.65%, and it has shown a substantial decline of 18.92% year-to-date, alongside a 21.47% decrease over the past year.
In the broader market context, KIC Metaliks' performance contrasts sharply with the Sensex, which has gained 2.20% year-to-date and 1.23% over the past year. The stock's recent underperformance, particularly in the short term, highlights a significant divergence from the benchmark, which has only seen a 0.92% decline over the past week. This suggests that while the overall market may be stabilizing or improving, KIC Metaliks is struggling to attract investor interest, contributing to its downward price movement.