Why is Radix Industries falling/rising?

As of 16-Oct, Radix Industries (India) Ltd is experiencing a decline in its stock price, currently at Rs 175.75, which reflects a decrease of Rs 3.25 or 1.82%. The stock has underperformed its sector by 4.3% today and opened with a loss of 2.29%, reaching an intraday low of Rs 174.9. Additionally, Radix Industries 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 dropped by 9.41%, while its year-to-date performance shows a decline of 8.15%. However, it has shown a positive return of 11.13% over the past year and an impressive 166.09% over the last three years. Unfortunately, there is no information available regarding positive or negative factors affecting the stock.
Broader market context indicates that while Radix Industries is facing challenges, the benchmark Sensex has gained 1.58% over the past week and 6.82% year-to-date. This stark contrast highlights the stock's underperformance relative to the broader market, as it continues to decline while the sector shows resilience with a 2.6% gain today. The rising investor participation, as evidenced by a significant increase in delivery volume, suggests some interest in the stock despite its current struggles. Overall, the combination of poor short-term performance and the stock's inability to keep pace with the benchmark and sector trends contributes to its recent price decline.