Why is Sai Swami Metals falling/rising?

As of 23-Sep, Sai Swami Metals and Alloys Ltd is experiencing a decline in its stock price, currently at Rs 33.13, which reflects a decrease of Rs 1.79 or 5.13%. The stock has underperformed its sector by 4.3% today, opening with a significant loss of 6.93% and reaching an intraday low of Rs 32.02, marking an 8.3% drop. Additionally, the stock has shown a poor performance over various time frames, with a year-to-date decline of 28.71% and a one-year drop of 37.49%. Despite a recent increase in delivery volume by 150% on September 19, the stock continues to trade below its moving averages across multiple periods, indicating a bearish trend.
In the broader market context, the Sensex has shown a relatively stable performance, with a slight increase of 0.98% over the past month and a year-to-date gain of 5.07%. Compared to the benchmark, Sai Swami Metals' short-term return of -5.37% over the past week starkly contrasts with the Sensex's minor decline of only 0.34%. This significant underperformance suggests that investor sentiment towards Sai Swami Metals is weak, compounded by erratic trading patterns and a lack of positive catalysts to support a price recovery.