Why is Steel Exchange falling/rising?

As of 14-Aug, Steel Exchange India Ltd is currently priced at 10.26, reflecting a decrease of 0.19 or 1.82%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 3.66%. Additionally, the stock has underperformed its sector by 0.36% today. Over the past week, it has decreased by 6.98%, and over the past month, it has seen a decline of 5.52%. The delivery volume has also significantly dropped by 64.6% compared to the 5-day average, indicating a falling investor participation. While the stock is above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages, suggesting a recent downward trend.
In the broader market context, the Sensex has remained relatively stable, with only a slight decline of 0.03% over the past week and a 2.01% drop over the past month. Compared to the benchmark, Steel Exchange's short-term performance has been notably weaker, with a 1-week return of -6.98% against the Sensex's minimal decline. Year-to-date, Steel Exchange has shown a modest gain of 0.39%, contrasting with the Sensex's stronger performance of 3.15%. Over the longer term, the stock has significantly underperformed the benchmark, with a 1-year decline of 20.03% compared to the Sensex's increase of 1.89%, and a 3-year decline of 28.75% against the Sensex's gain of 35.54%.