Why is Steel Str. Wheel falling/rising?

As of 07-Aug, Steel Strips Wheels Ltd is currently priced at 217.10, reflecting a decrease of 0.6, or 0.28%. The stock has been on a downward trend, having fallen for the last three days, resulting in a total decline of 2.67% during this period. Over the past week, the stock has underperformed with a return of -6.02%, compared to the Sensex's decline of only -0.69%. Additionally, while the stock has shown strong performance year-to-date with a gain of 9.51%, it has experienced a significant drop of 11.33% over the past month. Despite being higher than the 200-day moving averages, it remains below the shorter-term moving averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 32.2% against the 5-day average, indicating some interest in the stock despite its recent price decline.
In the broader market context, Steel Strips Wheels Ltd's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex in the short term. The stock's consecutive losses and significant drop over the past month highlight a challenging environment, especially given that the Sensex has only declined by 3.38% during the same period. The liquidity of the stock remains adequate, with trading volumes suggesting it can accommodate trades of Rs 0.22 crore, which may provide some stability. However, the overall negative sentiment reflected in the stock's recent performance, combined with its underperformance relative to the benchmark, suggests that investors may be cautious moving forward.