Why is Steel Strips Inf falling/rising?

As of 12-Aug, Steel Strips Infrastructures Ltd is experiencing a decline in its stock price, currently at Rs 23.21, which represents a decrease of Rs 0.68 or 2.85%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 5.99% during this period. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 2.33% away from Rs 22.67. The delivery volume has decreased significantly, down by 33.36% compared to the 5-day average, suggesting a drop in investor participation.
In the broader market context, the stock's performance over the past week shows a decline of 4.09%, while the benchmark Sensex has only decreased by 0.59%, indicating a notable underperformance relative to the market. Over the past month, Steel Strips has seen a decline of 9.23%, compared to a 2.75% drop in the Sensex, further highlighting its weak position. Year-to-date, the stock has plummeted by 31.11%, contrasting sharply with the Sensex's gain of 2.68%. This stark difference in performance underscores the challenges faced by Steel Strips Infrastructures Ltd in the current market environment.