Why is Royal Arc Ele. falling/rising?

As of 11-Nov, Royal Arc Electrodes Ltd is experiencing a decline in its stock price, currently at 155.00, which reflects a decrease of 6.05 or 3.76%. The stock has underperformed its sector today by 8.7%, and its delivery volume has significantly decreased by 58.33% compared to the 5-day average, indicating falling investor participation. While the stock is higher than its 200-day moving average, it is below the 5-day, 20-day, 50-day, and 100-day moving averages, suggesting a weakening trend. In terms of returns, the stock has decreased by 6.06% over the past week, while it has shown a slight increase of 0.13% over the past month, contrasting with the Sensex, which has gained 0.38% in the same week and 1.62% in the past month.
Broader Market Context: The broader market context indicates that the stock's recent performance is lagging behind the benchmark, as evidenced by its negative returns over the past week compared to the Sensex's positive performance. This underperformance may reflect broader market sentiments or sector-specific challenges that are impacting investor confidence in Royal Arc Electrodes Ltd. The lack of available positive or negative factors further complicates the understanding of the stock's movement, as there are no specific catalysts identified that could explain the current decline.