Why is RMC Switchgears falling/rising?

As of 10-Nov, RMC Switchgears Ltd is experiencing a decline in its stock price, currently at Rs 599.90, which reflects a decrease of Rs 38.5 or 6.03%. The stock has been underperforming significantly, with a consecutive fall over the last four days, resulting in a total decline of 16.69% in the past week. Today's trading saw the stock touch an intraday low of Rs 579.95, indicating a drop of 9.16%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. There has also been a notable decrease in investor participation, with delivery volume falling by 28.06% compared to the 5-day average, which may indicate waning interest among investors.
In the broader market context, RMC Switchgears' performance has been significantly worse than the benchmark Sensex, which has only declined by 0.53% over the past week. While the Sensex has shown a positive return of 1.25% over the past month, RMC Switchgears has seen a much steeper decline of 18.23%. This stark contrast highlights the stock's struggles in comparison to the overall market performance. The lack of available positive factors further exacerbates the situation, as there are no indications of any supportive news or developments that could help reverse the current downward trend.