Why is Newmalayalam St. falling/rising?

As of 10-Nov, Newmalayalam Steel Ltd is experiencing a decline in its stock price, currently at 29.60, reflecting a decrease of 1.3 or 4.21%. The stock has underperformed its sector by 4.73% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 19.35% compared to the 5-day average. The stock has also shown significant underperformance over various periods, with a year-to-date decline of 61.66%, while the benchmark Sensex has gained 8.16%.
In the broader market context, Newmalayalam Steel Ltd's short-term performance has been significantly worse than the benchmark, with a 1-week return of -8.64% compared to the Sensex's -0.73%. This stark contrast highlights the stock's struggles relative to the overall market. The absence of any positive factors in the provided data further emphasizes the challenges faced by the company, contributing to its declining stock price.