Why is Spel Semiconduct falling/rising?

As of 06-Nov, Spel Semiconductor Ltd's stock price is currently at Rs 184.25, reflecting a decrease of Rs 8.3, or 4.31%. The stock has been underperforming, having lost 7.09% over the past week and 12.41% over the past month. It has also seen a consecutive decline for four days, with today's performance underperforming the sector by 11.21%. The stock touched an intraday low of Rs 183, indicating significant selling pressure. Additionally, the delivery volume has decreased by 10.48% compared to the 5-day average, suggesting falling investor participation. While the stock remains above its 100-day and 200-day moving averages, it is below the 5-day, 20-day, and 50-day moving averages, indicating a bearish trend.
In the broader market context, the Sensex has only declined by 1.30% over the past week, contrasting with Spel Semiconductor's more significant drop. Over the year-to-date, the stock has gained 3.86%, but this is less than the Sensex's 6.62% increase, highlighting a relative underperformance. The IT - Hardware sector has seen a gain of 6.76%, further emphasizing Spel Semiconductor's struggles in comparison to its peers. Overall, the combination of declining stock performance, reduced investor interest, and sector outperformance contributes to the stock's current downward trajectory.