Why is Royal Arc Ele. falling/rising?

As of 04-Jul, Royal Arc Electrodes Ltd is currently priced at 140.00, showing no change (0.00%). The stock has experienced a decline of 4.76% over the past week and a more significant drop of 9.30% over the past month, indicating a downward trend in its performance. Today's price summary indicates that the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish sentiment among investors. However, there has been a notable increase in investor participation, with delivery volume rising by 135.29% compared to the 5-day average, which may indicate growing interest despite the stock's recent declines. There are no positive or negative factors available to further clarify the reasons behind the stock's movement.
In the broader market context, Royal Arc Electrodes Ltd's recent performance contrasts sharply with the Sensex, which has only declined by 0.69% over the past week and has increased by 3.42% over the past month. This suggests that while the overall market has shown resilience, Royal Arc Electrodes Ltd has struggled significantly, underperforming relative to the benchmark. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value, but the persistent underperformance against the benchmark may contribute to investor caution moving forward.