Why is Rapicut Carbides falling/rising?

As of 07-Nov, Rapicut Carbides Ltd is experiencing a decline in its stock price, currently at Rs 82.50, which reflects a decrease of Rs 2.35 or 2.77%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in an overall decline of 8.1% during this period. Today, it opened with a loss of 2.18% and reached a low of Rs 80.62, indicating significant selling pressure. The stock has also underperformed its sector by 2.11%. In terms of returns, the stock has seen a 5.62% decline over the past week and a substantial 19.51% drop year-to-date, contrasting with a 6.50% increase in the benchmark index.
Broader Market Context: In comparison to the Sensex, which has risen by 1.57% over the past month, Rapicut Carbides' performance has been notably weaker, with a 12.00% increase in the same timeframe. However, the stock's year-to-date performance shows a stark contrast, with a decline of 19.51% against the Sensex's positive 6.50%. This divergence highlights the challenges faced by Rapicut Carbides in maintaining investor interest, as indicated by the significant drop in delivery volume, which has decreased by 80.15% against the five-day average. Overall, the stock's recent performance reflects a combination of negative sentiment and declining investor participation.