Why is Padmanabh Alloys falling/rising?

As of 06-Oct, Padmanabh Alloys & Polymers Ltd is experiencing a decline in its stock price, currently at 19.40, reflecting a decrease of 0.37 or 1.87%. The stock has underperformed its sector by 1.16% today and has seen a trend reversal after four consecutive days of gains. Despite this recent downturn, the stock has shown a positive return of 3.47% over the past week and 4.86% over the past month. However, it has a year-to-date decline of 14.35% and a one-year decline of 22.03%. The stock's moving averages indicate that it is performing better than the 5-day, 20-day, and 50-day averages but is below the 100-day and 200-day averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 250.42% against the 5-day average, suggesting heightened interest despite the current price drop.
In the broader market context, the Sensex has increased by 1.77% over the past week and 1.34% over the past month, indicating that while Padmanabh Alloys has shown some short-term gains, it has not kept pace with the benchmark indices. The stock's year-to-date performance is notably weaker compared to the Sensex, which has gained 4.67% during the same period. This disparity in performance may contribute to investor sentiment and the stock's recent decline, as it struggles to maintain momentum in a generally positive market environment.