Why is Refractory Shap. falling/rising?

As of 08-Oct, Refractory Shapes Ltd is experiencing a decline in its stock price, currently at Rs. 40.20, which represents a decrease of Rs. 1.95 or 4.63%. The stock has hit a new 52-week low of Rs. 40.05 today and is underperforming its sector by 1.39%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has also seen a significant drop in investor participation, with delivery volume falling by 31.3% compared to the 5-day average. Over the past week, the stock has declined by 11.55%, and its year-to-date performance shows a staggering drop of 57.68%.
In the broader market context, the Sensex has shown a positive return of 0.84% over the past week, contrasting sharply with Refractory Shapes Ltd's poor performance. While the benchmark index has gained 1.10% over the past month and 5.93% year-to-date, Refractory Shapes Ltd has struggled significantly, with a 30.69% decline over the last month and a 65.63% drop over the past year. This stark difference highlights the company's challenges in attracting investor interest and maintaining its stock value amidst a generally stable market environment.