Why is Nova Iron &Steel falling/rising?

As of 20-Oct, Nova Iron & Steel Ltd is experiencing a decline in its stock price, currently at 13.90, which represents a decrease of 0.6 or 4.14%. The stock has underperformed its sector by 3.52% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, investor participation has fallen significantly, with a delivery volume of 3.33k on 17 October, down by 48.23% compared to the 5-day average. The stock has also shown poor performance over various periods, with a year-to-date decline of 21.20% and a one-year drop of 38.77%, indicating a consistent downward trend.
In the broader market context, the Sensex has performed positively, gaining 2.47% over the past week and 7.97% year-to-date, contrasting sharply with Nova Iron & Steel's negative returns. This divergence suggests that while the overall market is experiencing growth, Nova Iron & Steel is struggling to keep pace, which may be contributing to its declining stock price. The lack of available positive or negative factors further complicates the outlook, as there is no additional context to explain the stock's recent movements.