Why is Siyaram Recycli. falling/rising?

As of 26-Sep, Siyaram Recycling Industries Ltd is currently priced at Rs 102.50, reflecting a decrease of Rs 3.45 or 3.26%. The stock has been on a downward trend, having lost 10.05% over the last three days, and is now just 1.37% above its 52-week low of Rs 101.1. In terms of performance, the stock has underperformed significantly, showing a year-to-date decline of 27.82%, while the Sensex has gained 2.93% in the same period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. There has also been a notable decline in investor participation, with delivery volume dropping by 49.1% compared to the 5-day average.
Broader Market Context: In the context of the broader market, Siyaram Recycling Industries Ltd's recent performance contrasts sharply with the Sensex, which has only declined by 2.66% over the past week. The metal sector, to which the company belongs, has also faced challenges, evidenced by a 3.82% drop. This sector-wide decline, combined with the company's significant underperformance relative to the benchmark, suggests that external market pressures are contributing to the stock's recent struggles. Overall, the combination of falling investor interest and sector weakness has led to the stock's continued decline.