Why is Newmalayalam St. falling/rising?

As of 24-Jul, Newmalayalam Steel Ltd's stock price is currently at 28.20, reflecting a decrease of 1.05, or 3.59%. The stock has underperformed its sector by 3.75% today, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 61.54% compared to the 5-day average. The stock has also shown a poor performance over the past week and month, with returns of -2.76% and -1.23%, respectively, while year-to-date, it has plummeted by 63.47%. There are no positive or negative factors available to provide further context on the stock's recent movement. In the broader market context, the Sensex has shown a slight decline of 0.20% over the past week and a marginal increase of 0.07% over the past month, indicating that while the market is relatively stable, Newmalayalam Steel Ltd is significantly underperforming. The stark contrast between the stock's year-to-date decline of 63.47% and the Sensex's gain of 5.99% further highlights the challenges faced by the company in comparison to the overall market performance.