Why is Visa Steel falling/rising?

As of 18-Nov, Visa Steel Ltd's stock price is currently at Rs 57.73, reflecting a decrease of Rs 3.03 or 4.99%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 9.73% during this period. Today, it opened with a significant loss of 4.97% and reached an intraday low of Rs 57.73. The stock has also shown a notable decline in investor participation, with delivery volume dropping by 77.89% compared to the five-day average. Despite a strong year-to-date return of 60.76%, the recent performance over the past week and month has been negative, with declines of 15.69% and 13.58%, respectively.
In the broader market context, Visa Steel's recent performance contrasts sharply with the Sensex, which has gained 0.96% over the past week and 0.86% over the past month. This indicates that while the overall market has been trending positively, Visa Steel has struggled significantly. The stock's performance is also reflected in its moving averages, where it is currently above the 50-day, 100-day, and 200-day averages but below the 5-day and 20-day averages, suggesting a short-term weakness. Overall, the combination of declining stock price, reduced investor interest, and underperformance relative to the benchmark has contributed to the stock's recent downward trend.