Why is P S Raj Steels falling/rising?

As of 12-Aug, P S Raj Steels Ltd is experiencing a decline in its stock price, currently at 142.90, which reflects a decrease of 10.8 points or 7.03%. The stock has underperformed its sector by 7.36% today, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 54.55% compared to the 5-day average. The stock's performance over the past week shows a decline of 7.03%, while it has also decreased by 7.21% over the past month, indicating a consistent downward trend.
In the broader market context, the Sensex has only declined by 0.67% over the past week and 2.63% over the past month, suggesting that P S Raj Steels' performance is significantly worse than the overall market. This underperformance highlights the stock's struggles relative to the benchmark. The lack of available positive or negative factors further complicates the analysis, as there are no specific insights into potential catalysts or headwinds affecting the stock's recent movement. Overall, the combination of poor trading performance, reduced investor interest, and a significant decline relative to the market contributes to the stock's current downward trajectory.