Why is Rajnandini Metal falling/rising?

As of 08-Aug, Rajnandini Metal Ltd's stock price is currently at 4.66, reflecting a decrease of 0.1, or 2.1%. The stock has underperformed its sector today by 2.45%, and it 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 2.31%, and it has experienced significant losses year-to-date, down 47.05%, and over the past year, down 63.82%. While there has been a slight increase in investor participation, with delivery volume rising by 4.19% against the 5-day average, the overall sentiment remains negative, and no specific positive or negative factors were provided to explain the recent price movements.
In the broader market context, Rajnandini Metal's performance has been notably weaker compared to the Sensex, which has only declined by 0.82% over the past week. The stock's year-to-date performance is particularly concerning, with a drop of 47.05% compared to the Sensex's gain of 3.04%. This stark contrast highlights the challenges faced by Rajnandini Metal in the current market environment, as it continues to lag behind the benchmark and struggles to regain investor confidence.