Why is Relicab Cable falling/rising?

As of 04-Nov, Relicab Cable Manufacturing Ltd is experiencing a decline in its stock price, currently at 56.87, which reflects a decrease of 0.45 or 0.79%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 6.33% during this period. Additionally, it is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 3.22%, and its year-to-date performance shows a significant drop of 38.02%. While there has been a notable increase in investor participation, with delivery volume rising by 182.23% compared to the 5-day average, the overall sentiment remains negative, and there are no positive factors available to counterbalance the stock's recent performance.
Broader market context indicates that the Sensex has shown a positive return of 2.77% over the past month, contrasting sharply with Relicab's decline of 14.84% in the same timeframe. This underperformance highlights a significant divergence between the stock and the broader market, suggesting that investor sentiment towards Relicab is particularly weak. The stock's liquidity is sufficient for trading, but the overall trend and performance metrics indicate that it is struggling relative to both its historical performance and the market benchmark.