Why is Royal Arc Ele. falling/rising?

As of 07-Jul, Royal Arc Electrodes Ltd is currently priced at 140.00, showing no change (0.00%). The stock has underperformed in the short term, with a 1-week return of -3.48% compared to a slight decline of -0.22% in the Sensex. Additionally, the stock has experienced a significant drop of -11.95% over the past month, while the Sensex has gained 1.83%. Today's performance indicates that Royal Arc Electrodes has outperformed its sector by 1.43%, but it is trading below all key moving averages, which suggests a bearish trend. Furthermore, there has been a notable decline in investor participation, with delivery volume falling by -56.52% against the 5-day average, indicating reduced interest in the stock.
In the broader market context, while the Sensex has shown resilience with a year-to-date increase of +7.68%, Royal Arc Electrodes has not been able to capitalize on this trend, as evidenced by its negative returns over the past month. The lack of available positive or negative factors further complicates the outlook for the stock, leaving investors with limited insights into potential catalysts for recovery. Overall, the combination of poor short-term performance, declining investor interest, and unfavorable moving averages contributes to the stock's current stagnation.