Why is Owais Metal falling/rising?

As of 23-Sep, Owais Metal and Mineral Processing Ltd is experiencing a decline in its stock price, currently at 463.00, which reflects a decrease of 6.2 or 1.32%. The stock has underperformed its sector by 2.29% 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 dropped by 6.87%, and year-to-date, it has seen a significant decline of 54.68%. Despite this downturn, there has been a notable increase in investor participation, with delivery volume rising by 77.78% against the 5-day average, indicating some interest in the stock despite its overall negative performance.
In the broader market context, the Sensex has only decreased by 0.28% over the past week, suggesting that Owais Metal's decline is more pronounced compared to the overall market. While the stock has struggled significantly over the past year, with a drop of 64.66%, the benchmark has only seen a slight decrease of 2.97%. This stark contrast highlights the challenges faced by Owais Metal, as it continues to lag behind market performance and investor sentiment remains cautious. The absence of any positive factors in the provided data further emphasizes the difficulties the company is encountering in the current market environment.