Why is Nitin Castings falling/rising?

As of 06-Oct, Nitin Castings Ltd is experiencing a decline in its stock price, currently at Rs 495.05, which represents a decrease of Rs 26.4 or 5.06%. The stock has been underperforming significantly, having fallen consecutively for the last four days, resulting in a total decline of 13.41% over the past week. Additionally, it is trading 4.96% above its 52-week low of Rs 470.5 and has shown high volatility today, with an intraday range of Rs 52.9. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a notable increase in investor participation, with delivery volume rising by 300.99% against the 5-day average, the overall performance remains weak compared to the sector.
In the broader market context, Nitin Castings' recent performance contrasts sharply with the benchmark Sensex, which has gained 1.77% over the past week. The stock's year-to-date decline of 28.77% further emphasizes its struggles, especially when juxtaposed with the Sensex's 4.67% gain during the same period. This stark difference highlights the stock's ongoing challenges in attracting investor confidence, despite some positive indicators such as increased trading volume. The overall market sentiment appears to favor broader indices, leaving Nitin Castings vulnerable to continued price pressure.