Why is Newmalayalam St. falling/rising?

As of 24-Sep, Newmalayalam Steel Ltd's stock price is currently at 34.00, reflecting a decrease of 1.35, or 3.82%. The stock has underperformed its sector by 3.69% today, despite showing higher performance than its 20-day, 50-day, and 100-day moving averages. However, it is below its 5-day and 200-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 60.71% compared to the 5-day average. Over the past week, the stock has declined by 4.49%, while it has seen a modest increase of 2.41% over the past month. Year-to-date, the stock has experienced a substantial decline of 55.96%.
In the broader market context, the Sensex has decreased by only 1.08% over the past week and has gained 0.75% in the last month, indicating that Newmalayalam Steel Ltd is lagging behind the benchmark. The stock's year-to-date performance is particularly concerning, as it has fallen significantly compared to the Sensex's positive return of 5.97%. This stark contrast suggests that the market sentiment towards Newmalayalam Steel Ltd is negative, contributing to its recent price decline. Unfortunately, there is no information available regarding specific positive or negative factors that could further clarify the reasons behind the stock's movement.