Why is Sarthak Metals falling/rising?

As of 03-Nov, Sarthak Metals Ltd is experiencing a decline in its stock price, currently at Rs 105.20, which represents a decrease of Rs 1.7 or 1.59%. The stock has been underperforming recently, having fallen consecutively for the last two days with a total decline of 5.86%. Additionally, the stock's performance today has underperformed its sector by 0.78%. Over the past week, Sarthak Metals has shown a positive return of 7.35%, but it has struggled over the longer term, with year-to-date and one-year returns of -33.59% and -42.83%, respectively. There is a notable increase in investor participation, as evidenced by an 81.69% rise in delivery volume compared to the five-day average, indicating some interest despite the recent price drop. The stock is currently trading higher than its 5-day, 20-day, and 50-day moving averages, but lower than its 100-day and 200-day moving averages.
In the broader market context, Sarthak Metals' recent performance contrasts with the benchmark Sensex, which has gained 3.41% over the past month and 7.47% year-to-date. This indicates that while the stock has shown some short-term recovery, it is still lagging significantly behind the overall market trends. The stock's year-to-date decline of 33.59% starkly contrasts with the Sensex's positive performance, highlighting the challenges faced by Sarthak Metals in maintaining investor confidence amidst broader market gains.