Why is Refractory Shap. falling/rising?

As of 04-Sep, Refractory Shapes Ltd is experiencing a decline in its stock price, currently at 57.10, which reflects a decrease of 2.9 or 4.83%. The stock has underperformed its sector today by 3.99%, and its delivery volume has significantly dropped by 92.54% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 9.29%, while it has shown a modest increase of 6.23% over the past month. However, year-to-date, the stock has plummeted by 39.89%, and over the past year, it has fallen by 70.17%, suggesting a prolonged period of underperformance without any positive factors available to counteract this trend.
In the broader market context, the Sensex has shown a positive return of 0.95% over the past week, contrasting sharply with Refractory Shapes Ltd's significant decline. While the benchmark has gained 4.61% year-to-date, the company's performance has been notably poor, highlighting a disconnect between the stock and the overall market. This underperformance is further emphasized by the stock's lower performance relative to the moving averages, where it is higher than the 20-day moving average but lower than the 5-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend in the short to medium term.