Why is Sai Swami Metals falling/rising?

As of 10-Jul, Sai Swami Metals and Alloys Ltd is experiencing a decline in its stock price, currently at 34.00, which reflects a decrease of 0.45 or 1.31%. The stock has underperformed its sector by 1.07% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 2.3%. Over the past week, the stock has fallen by 1.68%, and it has shown significant underperformance over longer periods, with a year-to-date decline of 26.83% and a one-year drop of 34.74%. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. There has also been a notable decrease in investor participation, with delivery volume dropping by 58.33% compared to the five-day average, which suggests a lack of confidence among investors.
In the broader market context, the Sensex has shown a slight decline of 0.06% over the past week, contrasting with the significant losses experienced by Sai Swami Metals. While the benchmark index has gained 6.46% year-to-date, Sai Swami Metals has struggled considerably, highlighting a stark divergence in performance. This underperformance relative to the benchmark, combined with the stock's erratic trading patterns and declining liquidity, contributes to the negative sentiment surrounding the stock, further exacerbating its price decline.