Why is Refractory Shap. falling/rising?

As of 30-Sep, Refractory Shapes Ltd is experiencing a decline in its stock price, currently at Rs. 46.05, which represents a decrease of Rs. 2.4 or 4.95%. The stock has hit a new 52-week and all-time low today, and it has underperformed its sector by 6.58%. Additionally, the stock 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 12.20%, and its year-to-date performance shows a significant decline of 51.53%. While there has been a notable increase in investor participation, with delivery volume rising by 190.54% against the 5-day average, the overall sentiment remains negative, as no positive factors are available to counterbalance the stock's downward trajectory.
Broader market context reveals that the Sensex has also faced challenges, with a slight decline of 2.22% over the past week and a modest gain of 4.09% year-to-date. However, Refractory Shapes Ltd's performance starkly contrasts with the benchmark, as it has significantly underperformed, particularly over the longer term, with a 64.12% drop over the past year compared to the Sensex's decline of only 4.65%. This disparity highlights the stock's struggles relative to the broader market, further contributing to the negative sentiment surrounding Refractory Shapes Ltd.