Why is Rasi Electrodes falling/rising?

As of 25-Sep, Rasi Electrodes Ltd is experiencing a decline in its stock price, currently at 17.66, which reflects a decrease of 0.07 or 0.39%. The stock has been losing value for the last two days, with a total drop of 3.29% during this period. Additionally, Rasi Electrodes 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 fallen by 6.56%, and year-to-date, it has seen a significant decline of 41.23%. Despite this downturn, there has been a notable increase in investor participation, with delivery volume rising by 199.42% against the 5-day average, suggesting some interest in the stock despite its recent performance.
In the broader market context, Rasi Electrodes' short-term performance is underwhelming compared to the Sensex, which has only declined by 2.23% over the same week. The stock's year-to-date performance is particularly concerning, as it has dropped significantly while the Sensex has gained 3.87%. This stark contrast highlights the challenges faced by Rasi Electrodes in the current market environment. Overall, the combination of declining stock performance, lower trading averages, and the broader market's relatively stable performance contributes to the negative sentiment surrounding Rasi Electrodes at this time.