Why is Modern Steels falling/rising?

As of 06-Aug, Modern Steels Ltd is experiencing a decline in its stock price, currently at 16.33, which reflects a decrease of 0.96 or 5.55%. The stock has been underperforming significantly, having lost 10.72% over the last three days and 13.60% over the past month. It is also trading below all its moving averages, indicating a bearish trend. Additionally, investor participation has decreased, with delivery volume falling by 28.86% compared to the five-day average, suggesting a lack of interest among investors. There are no available positive or negative factors to provide further context on the stock's recent movement.
In the broader market context, Modern Steels' performance has been notably weaker than the benchmark, with a one-week return of -10.23% compared to the Sensex's -1.15%. Year-to-date, the stock has declined by 14.05%, while the Sensex has gained 3.08%. This stark contrast highlights the stock's struggles relative to the overall market, further contributing to its downward trajectory. The ongoing negative sentiment surrounding the stock, coupled with its poor performance against the benchmark, reinforces the reasons for its current decline.