Why is Steel Strips Inf falling/rising?

As of 17-Nov, Steel Strips Infrastructures Ltd is experiencing a decline in its stock price, currently at Rs. 23.00, which reflects a decrease of Rs. 1.2 or 4.96%. The stock has recently hit a new 52-week low of Rs. 22 and opened the day with a loss of 4.96%. It has underperformed its sector by 5.25% today, and its performance over the past week shows a decline of 8.00%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a rise in investor participation, with a delivery volume increase of 17.92% against the 5-day average, the overall sentiment remains negative, contributing to the stock's recent downward movement.
In the broader market context, Steel Strips Infrastructures Ltd's short-term performance has significantly lagged behind the benchmark, with a 1-week decline of 8.00% compared to a 1.69% gain in the Sensex. Over the past month, the stock has decreased by 9.38%, while the Sensex has increased by 1.19%. Year-to-date, the stock has dropped 31.73%, contrasting sharply with the Sensex's gain of 8.72%. This stark difference in performance highlights the challenges faced by Steel Strips Infrastructures Ltd in the current market environment, further exacerbating its stock price decline.