Why is Modern Steels falling/rising?

As of 14-Aug, Modern Steels Ltd is experiencing a decline in its stock price, currently at 18.48, which reflects a decrease of 0.27 or 1.44%. The stock has fallen after two consecutive days of gains, indicating a potential trend reversal. Despite this recent drop, it is noteworthy that Modern Steels is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting some underlying strength. However, there has been a significant decrease in investor participation, with delivery volume on 13 August falling by 53.05% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further clarify the stock's recent movements.
In the broader market context, the stock's performance over the past week shows a gain of 4.70%, while the benchmark Sensex has remained nearly flat with a change of -0.03%. However, over the longer term, Modern Steels has underperformed the Sensex, with a year-to-date return of -2.74% compared to the Sensex's gain of 3.15%. This underperformance may contribute to investor sentiment and the current price decline. Overall, while the stock has shown some short-term resilience, the recent drop in trading volume and its longer-term performance relative to the benchmark may be influencing its current price movement.