Why is Sh. Steel Wire falling/rising?

As of 22-Sep, Shree Steel Wire Ropes Ltd is experiencing a decline in its stock price, currently at Rs 26.91, which reflects a decrease of Rs 0.44 or 1.61%. The stock has underperformed its sector by 1.24% today and is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has dropped by 5.38%, and year-to-date, it has seen a significant decline of 31.70%. Additionally, it is currently close to its 52-week low, just 3.34% away from Rs 26.01. Despite a recent increase in investor participation, with delivery volume rising by 231.35% on September 19, the overall performance remains weak.
Broader market context shows that while the Sensex has gained 0.46% over the past week, Shree Steel Wire has been on a downward trajectory. The stock's performance over the past month and year further highlights its struggles, with declines of 6.56% and 30.28%, respectively, contrasting sharply with the Sensex's positive returns. This divergence suggests that the broader market is performing better than Shree Steel Wire, contributing to the stock's continued decline amidst a generally stable market environment.