Why is Rish.Digh.Steel falling/rising?

As of 23-Sep, Rishabh Digha Steel & Allied Products Ltd is experiencing a slight decline in its stock price, currently at 36.95, reflecting a decrease of 0.05 or 0.14%. The stock has underperformed its sector by 1.43% today, although it is trading higher than its 5-day and 20-day moving averages. Notably, the delivery volume has increased significantly by 69.6% against the 5-day average, indicating rising investor participation. However, the stock's year-to-date performance shows a decline of 3.35%, and over the past year, it has decreased by 16.57%, suggesting ongoing challenges despite a positive return of 42.66% over the last three years.
In the broader market context, the Sensex has shown a decline of 0.34% over the past week, while Rishabh Digha Steel has posted a modest gain of 0.16%, indicating that the stock is somewhat resilient compared to the benchmark in the short term. However, the stock's year-to-date performance is significantly lagging behind the Sensex, which has increased by 5.07%. This disparity highlights the stock's struggles relative to the overall market, contributing to its recent price decline despite some positive indicators such as increased trading volume.