Why is Newmalayalam St. falling/rising?

As of 23-Sep, Newmalayalam Steel Ltd's stock price is currently at 35.35, reflecting a decrease of 1.1, or 3.02%. The stock has underperformed its sector by 4.31% today, and there has been a significant drop in investor participation, with delivery volume falling by 91.94% compared to the 5-day average. Despite the stock showing positive returns over the past week and month, with increases of 1.00% and 6.48% respectively, it has a year-to-date decline of 54.21%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Newmalayalam Steel Ltd's short-term performance has been better than the benchmark Sensex over the past week, where the Sensex has decreased by 0.28%. However, the stock's year-to-date performance starkly contrasts with the Sensex's gain of 6.45%, indicating that while the stock has shown some resilience recently, it remains significantly behind the broader market trend. The liquidity of the stock is also noted to be sufficient for trading, but the overall decline in price suggests a lack of confidence among investors.