Why is Venus Pipes falling/rising?

As of 26-Sep, Venus Pipes & Tubes Ltd is experiencing a decline in its stock price, currently at Rs 1,344.80, reflecting a decrease of Rs 49.25 or 3.53%. Today's price summary indicates that the stock underperformed its sector by 1.56%, with an intraday low of Rs 1,331.05, marking a drop of 4.52%. The stock has shown a negative return of 3.67% over the past week and a substantial decline of 37.71% over the past year, significantly underperforming the broader market, which has seen a decline of only 6.30% in the same timeframe. Despite some positive factors such as high management efficiency and a strong ability to service debt, the stock's recent performance has been negatively impacted by flat results in June and a significant drop in investor participation, with delivery volume falling by 14.31% against the five-day average.
In the broader market context, the stock's short-term performance has been worse than the benchmark, as it has declined by 3.67% over the past week compared to a 2.66% drop in the Sensex. This underperformance is further highlighted by the stock's year-to-date return of -10.74%, contrasting with the Sensex's positive return of 2.93%. The steel sector, in which Venus operates, has also faced challenges, with a 2% decline impacting investor sentiment. Overall, while the company maintains strong fundamentals, the combination of recent poor performance, sector challenges, and declining investor interest has contributed to the stock's downward movement.