Why is Scan Steels falling/rising?

As of 06-Nov, Scan Steels Ltd is experiencing a decline in its stock price, currently at Rs 38.39, which reflects a decrease of Rs 1.19 or 3.01%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 12.59% during this period. Today's trading saw the stock reach an intraday low of Rs 36.01, indicating significant volatility with an intraday fluctuation of 5.54%. Additionally, the stock's delivery volume has decreased by 60.26% compared to the five-day average, suggesting a drop in investor participation. Over the past week, the stock has underperformed the sector by 1.5%, and its year-to-date return stands at a negative 17.88%.
In the broader market context, the Sensex has shown a relatively stable performance, gaining 6.62% year-to-date, while Scan Steels has significantly lagged behind with its negative returns. Over the past week, the stock has declined by 10.41%, contrasting sharply with the Sensex's modest drop of only 1.30%. This disparity highlights the challenges faced by Scan Steels in maintaining investor confidence and market performance, particularly as it continues to struggle against a backdrop of broader market gains.