Why is Visa Steel falling/rising?

As of 20-Oct, Visa Steel Ltd's stock price is currently at Rs 63.46, reflecting a decline of 3.34 points or 5.0%. The stock has been underperforming, having lost 9.58% over the last two days and opening with a 5% gap down today. Despite this recent downturn, Visa Steel has shown strong performance over longer periods, with a 48.55% increase over the past month and a remarkable 344.40% rise over the last three years. The stock is currently trading above its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend, although it is below the 5-day moving average. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 23.87% against the 5-day average, suggesting ongoing interest despite the recent price drop.
In the broader market context, Visa Steel's short-term performance has lagged behind the benchmark Sensex, which has increased by 2.47% over the past week while Visa Steel gained 4.67%. This indicates that while the stock has performed well relative to the benchmark in the longer term, its recent declines are more pronounced compared to the overall market trend. The liquidity of the stock remains adequate, with trading volumes suggesting it is liquid enough for transactions of a small size. However, the lack of specific positive or negative factors in the dashboard limits a deeper analysis of the underlying reasons for the stock's recent performance.