Why is Swastik Pipe falling/rising?

As of 30-Jun, Swastik Pipe Ltd is experiencing a decline in its stock price, currently at Rs. 33.20, which reflects a decrease of Rs. 0.55 or 1.63%. The stock has hit a new 52-week low of Rs. 32.75 today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 39.39% compared to the 5-day average. The stock's performance over the past week and month shows a decline of 8.03% and 10.15%, respectively, while its year-to-date performance is down by 37.94%. Unfortunately, there is no positive or negative dashboard data available to provide further insights into the factors influencing this decline.
In the broader market context, the stock's performance has significantly underperformed compared to the benchmark Sensex, which has gained 2.18% over the past week and 3.10% over the past month. The stark contrast between Swastik Pipe's negative returns and the positive movement of the Sensex indicates a challenging environment for the company, further exacerbated by its substantial year-over-year decline of 53.14%, while the Sensex has increased by 6.27% during the same period. This underperformance relative to the market suggests that investor sentiment towards Swastik Pipe Ltd is currently negative, contributing to the stock's downward trajectory.