Why is Padmanabh Alloys falling/rising?

As of 15-Oct, Padmanabh Alloys & Polymers Ltd is experiencing a decline in its stock price, currently at 18.20, which represents a decrease of 0.69 or 3.65%. The stock has underperformed its sector by 4.64% today and has been on a downward trend for the last two days, accumulating a total loss of 8.95% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has declined by 3.04%, while its year-to-date performance shows a significant drop of 19.65%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.02% over the past week, Padmanabh Alloys' performance is notably weaker. The stock's year-to-date decline of 19.65% starkly contrasts with the Sensex's gain of 5.72%, highlighting a significant underperformance in the broader market context. This divergence suggests that while the overall market may be experiencing growth, Padmanabh Alloys is struggling to attract investor confidence, contributing to its current price decline.