Why is Rasi Electrodes falling/rising?

As of 08-Oct, Rasi Electrodes Ltd is experiencing a decline in its stock price, currently at 17.00, which represents a decrease of 0.52 or 2.97%. The stock has underperformed its sector today by 4.52%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 2.63%, and it has seen significant declines over the past month and year, with returns of -6.34% and -54.14%, respectively. However, there has been a notable increase in investor participation, with delivery volume rising by 59.41% against the 5-day average, indicating some interest despite the overall negative performance.
In the broader market context, Rasi Electrodes' recent performance contrasts sharply with the Sensex, which has gained 0.98% over the past week. This divergence highlights the stock's struggles relative to the market, as it has significantly underperformed not only in the short term but also year-to-date, where it has fallen by 43.43% compared to the Sensex's 4.65% gain. The lack of available positive or negative factors further complicates the outlook, as there are no specific catalysts identified that could explain the stock's recent downward trend.