Why is Rish.Digh.Steel falling/rising?

As of 03-Nov, Rishabh Digha Steel & Allied Products Ltd is experiencing a decline in its stock price, currently at Rs 37.90, which represents a decrease of 2.09 (-5.23%). Today's price summary indicates that the stock opened with a significant loss of 4.98% and reached an intraday low of Rs 36.5, marking an 8.73% drop. Despite a notable increase in delivery volume by 293.42% against the 5-day average, the stock has underperformed its sector by 5.37%. Over the past week, the stock has shown a positive return of 5.28%, but it has underperformed over the last month with a decline of 3.39%. Year-to-date, the stock is down by 0.86%, contrasting with the Sensex, which has gained 7.47%.
In the broader market context, the stock's recent performance reflects a divergence from the benchmark, as it has underperformed the Sensex over the past month and year-to-date. While the stock has shown strong returns over the longer term, with a 54.07% increase over three years and 89.50% over five years, the current decline suggests short-term pressures. The liquidity of the stock is adequate for trading, but the recent price movements indicate investor caution, possibly influenced by broader market trends or sector-specific challenges, although specific positive or negative factors are not available to provide further insights.