Why is Padmanabh Alloys falling/rising?

As of 11-Sep, Padmanabh Alloys & Polymers Ltd is experiencing a decline in its stock price, currently at 18.00, which reflects a decrease of 0.5 or 2.7%. The stock has underperformed its sector by 3.54% today and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 79.74% compared to the 5-day average. Over the past week, the stock has decreased by 2.70%, and year-to-date, it has dropped by 20.53%, indicating a persistent downward trend without any available positive factors to counterbalance this decline.
Broader market context shows that while the Sensex has gained 1.03% over the past week and 4.36% year-to-date, Padmanabh Alloys has not only underperformed the benchmark but also the sector. This stark contrast highlights the stock's struggles in a generally positive market environment. The lack of positive factors further exacerbates the situation, as there are no indications of potential recovery or investor interest to support a rebound in the stock's price.