Why is South. Magnesium falling/rising?

As of 01-October, Southern Magnesium & Chemicals Ltd is experiencing a decline in its stock price, currently at Rs. 99.75, which represents a decrease of Rs. 5.25 or 5.0%. The stock has hit a new 52-week low today and has been on a downward trend, having fallen for the last four consecutive days, resulting in a total decline of 15.11% during this 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. Despite a rise in investor participation, with delivery volume increasing by 33.77% against the 5-day average, the overall performance has underperformed the sector by 4.96%. The stock's year-to-date performance shows a significant decline of 61.78%, while the one-year return is down by 69.80%.
In the broader market context, the Sensex has shown a relatively stable performance with a year-to-date increase of 3.64% and a slight decline of 3.90% over the past year. In comparison, Southern Magnesium's short-term performance has been notably worse, with a 1-week decline of 14.85% against the Sensex's minor drop of 0.90%. This stark contrast highlights the stock's struggles in the current market environment, further exacerbated by its significant long-term losses compared to the benchmark. The lack of available positive factors in the dashboard suggests that there are no immediate catalysts to reverse the stock's downward trajectory.