Why is SP Refractories falling/rising?

As of 03-Sep, SP Refractories Ltd is currently priced at 126.20, showing no change (0.00%). The stock has underperformed its sector by 0.67% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has significantly decreased by 73.68% compared to the 5-day average, suggesting a decline in investor participation. Over the past week, the stock has fallen by 9.66%, and it has seen a year-to-date decline of 27.82%, which reflects a challenging performance relative to the benchmark.
In the broader market context, the Sensex has shown a slight increase of 0.01% over the past week, contrasting with SP Refractories' significant decline. While the benchmark has gained 4.53% year-to-date, SP Refractories has struggled to keep pace, indicating that the stock's recent performance is not aligned with the overall market trend. This divergence suggests that investor sentiment towards SP Refractories is weak, contributing to its falling price amidst a generally stable market environment.