Why is Samrat Forgings falling/rising?

As of 06-October, Samrat Forgings Ltd is experiencing a decline in its stock price, currently at Rs 285.60, which reflects a decrease of Rs 14.4 or 4.8%. The stock has been underperforming, having lost 7.87% over the last two days and opened with a loss of 4.8% today. Additionally, it has shown a negative performance over the past month with a decline of 3.84% and a year-to-date drop of 15.88%. Despite a recent increase in investor participation, as indicated by a 16.59% rise in delivery volume on October 3rd, the stock remains lower than its 50-day and 200-day moving averages, suggesting ongoing weakness in its price movement.
Broader market context shows that while the Sensex has gained 1.77% over the past week, Samrat Forgings has only increased by 4.16% in the same timeframe, indicating a relative underperformance. The stock's longer-term performance also reflects a significant decline, with a 17.22% drop over the past year compared to a slight 0.12% increase in the benchmark. This contrast highlights the challenges faced by Samrat Forgings in maintaining investor confidence and suggests that broader market trends are not favoring the stock at this time.