Why is Maiden Forgings falling/rising?

As of 15-Sep, Maiden Forgings Ltd is experiencing a decline in its stock price, currently at Rs 78.00, which reflects a decrease of Rs 1.5 or 1.89%. The stock has underperformed its sector by 2.76% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 77, representing a drop of 3.14%. Over the past week, the stock has decreased by 1.27%, and over the past month, it has fallen by 2.50%. Year-to-date, the stock shows a slight increase of 0.33%, but it has significantly underperformed over the past year with a decline of 16.13%. Notably, the stock is trading higher than its 5-day, 100-day, and 200-day moving averages, but lower than its 20-day and 50-day moving averages. There is a positive trend in investor participation, as the delivery volume increased by 17.65% against the 5-day average.
In the broader market context, the Sensex has shown a positive return of 1.24% over the past week and 1.47% over the past month, indicating that the market is performing well compared to Maiden Forgings. The stock's year-to-date performance of 0.33% contrasts sharply with the Sensex's 4.67% gain, highlighting its underperformance. Additionally, the stock's significant decline over the past year, coupled with the broader market's slight decline of 1.33%, suggests that external market conditions are not favoring Maiden Forgings. The lack of available positive or negative factors further complicates the understanding of the stock's recent movements, indicating that specific catalysts for its decline are not evident.