Why is Steel Exchange falling/rising?

As of 03-Nov, Steel Exchange India Ltd is experiencing a decline in its stock price, currently at 9.50, which reflects a decrease of 0.28 or 2.86%. The stock has been underperforming, having lost 3.94% over the last three days and showing a 1-week decline of 3.75%. Additionally, the stock's performance over the past month is down 8.74%, while year-to-date it has decreased by 7.05%. The stock is currently trading higher than its 200-day moving average but lower than its 5-day, 20-day, 50-day, and 100-day moving averages. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 19.41% against the 5-day average, indicating reduced interest in trading the stock.
In the broader market context, Steel Exchange's recent performance contrasts sharply with the benchmark Sensex, which has shown a slight decline of only 0.94% over the past week and a positive return of 3.41% over the last month. This divergence highlights the stock's struggle relative to the overall market, as it has underperformed significantly, particularly in the longer term, with a 1-year decline of 18.94% compared to the Sensex's gain of 5.34%. The lack of available positive factors further compounds the stock's challenges, suggesting that investor sentiment may be negatively impacted, contributing to its recent price decline.