Why is Welcast Steels falling/rising?

As of 27-Oct, Welcast Steels Ltd is experiencing a decline in its stock price, currently at Rs. 932.30, which represents a decrease of Rs. 15.7 or 1.66%. The stock has hit a new 52-week low today and has underperformed its sector by 2.75%. It has been on a consecutive downward trend for the last two days, with a total decline of 1.86% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 3.88%, and it has shown a significant decline of 30.89% year-to-date, indicating a challenging performance relative to the broader market.
In the broader market context, the Sensex has increased by 0.49% over the past week, contrasting sharply with Welcast Steels' decline. This underperformance is further highlighted by the stock's year-to-date return of -30.89% compared to the Sensex's positive return of 8.50%. Although there has been a slight increase in investor participation, as evidenced by a 0.56% rise in delivery volume, the overall liquidity remains adequate for trading. However, the absence of specific positive or negative factors in the provided data limits a more comprehensive analysis of the stock's recent movements.