Why is Padmanabh Alloys falling/rising?

As of 27-Oct, Padmanabh Alloys & Polymers Ltd is experiencing a decline in its stock price, currently at Rs 17.87, which represents a decrease of 1.91 (-9.66%). The stock has been underperforming, having fallen for the last two days with a total return of -10.16% during this period. Additionally, it is trading close to its 52-week low, just 4.87% away from that mark. The stock's performance over the past month shows a decline of 2.03%, while year-to-date it has decreased by 21.10%. The trading activity indicates erratic patterns, with the stock not trading on one day out of the last 20, and a significant drop in delivery volume by 30.55% against the 5-day average, suggesting falling investor participation.
In the broader market context, the stock's short-term performance has been weaker compared to the benchmark, with a 1-week return of +0.17% against the Sensex's +0.49%. Over the past month, while the Sensex has gained 5.41%, Padmanabh Alloys has lost 2.03%. This underperformance is further highlighted by the fact that the stock is trading below all key moving averages, indicating a bearish trend. The liquidity of the stock remains adequate for trading, but the overall negative sentiment and declining investor interest are contributing to its recent price drop.