Why is Surani Steel Tub falling/rising?

As of 24-Jun, Surani Steel Tubes Ltd is experiencing a decline in its stock price, currently at 113.00, which reflects a decrease of 4.0 or 3.42%. The stock has underperformed its sector by 4.71% today and is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 58.33% compared to the 5-day average. Over the past week, the stock has decreased by 5.00%, and it has seen a substantial decline of 40.67% year-to-date, indicating ongoing negative momentum.
In the broader market context, while the Sensex has gained 0.77% over the past week, Surani Steel Tubes Ltd has lagged significantly, reflecting a stark contrast in performance. The stock's year-to-date decline of 40.67% is particularly concerning when compared to the Sensex's positive return of 5.92%. This underperformance suggests that investor sentiment towards Surani Steel Tubes Ltd is weak, likely influenced by the declining delivery volumes and overall market conditions. The absence of any positive factors further exacerbates the stock's challenges, contributing to its current downward trajectory.