Why is Owais Metal falling/rising?

As of 13-Aug, Owais Metal and Mineral Processing Ltd is experiencing a decline in its stock price, currently at 453.15, which reflects a decrease of 23.65 points or 4.96%. The stock has underperformed its sector by 4.15% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 3.70%, and its performance over the last month shows a significant drop of 19.26%. Year-to-date, the stock has fallen by 55.65%, indicating a substantial decline in value. While there has been a rise in investor participation, with a 37.97% increase in delivery volume compared to the 5-day average, the overall sentiment remains negative, and no positive factors are available to counterbalance the stock's downward trend.
In the broader market context, the Sensex has shown a slight increase of 0.18% over the past week, contrasting with Owais Metal's decline. This indicates that the stock is not only underperforming relative to its sector but also lagging behind the overall market performance. The stock's year-to-date performance is particularly concerning, as it has dropped significantly while the Sensex has gained 4.12% in the same period. This disparity highlights the challenges faced by Owais Metal in attracting investor confidence amidst a generally stable market environment.