Why is Wires & Fabriks falling/rising?

As of 13-Oct, Wires & Fabriks (S.A) Ltd is experiencing a decline in its stock price, currently at Rs 220.00, reflecting a decrease of Rs 10.9 or 4.72%. The stock has underperformed its sector by 4.1% today and has been on a downward trend for the last three days, accumulating a total loss of 10.55% during this period. Additionally, the stock opened with a loss of 4.72% today and reached an intraday low of Rs 220. The stock has shown erratic trading patterns, not trading on 2 out of the last 20 days, and has been trading in a narrow range of Rs 0.05. While the stock remains above its 200-day moving average, it is below the shorter-term moving averages, indicating a bearish sentiment. There has been a notable increase in delivery volume, rising by 14605.88% against the 5-day average, suggesting some investor interest despite the recent price declines.
In the broader market context, the stock's performance over the past week shows a decline of 11.58%, while the benchmark Sensex has gained 0.66%, highlighting a significant underperformance relative to the market. Over the past month, the stock has decreased by 9.18%, contrasting with the Sensex's modest increase of 0.52%. Year-to-date, Wires & Fabriks has remained flat at 0.00%, while the Sensex has risen by 5.36%. This disparity in performance indicates that the stock is struggling to keep pace with broader market trends, contributing to its recent price decline.