Why is Zenith Steel falling/rising?

As of 07-Aug, Zenith Steel Pipes & Industries Ltd is experiencing a decline in its stock price, currently at 8.00, which reflects a decrease of 0.01 or 0.12%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total decline of 2.68% during this period. Additionally, the stock's performance today has underperformed its sector by 0.38%. Over the past week, Zenith Steel has seen a significant drop of 4.99%, while its one-month performance shows a modest increase of 1.52%. However, the stock has struggled over the longer term, with a year-to-date decline of 0.37% and a substantial drop of 20.63% over the past year. Notably, investor participation has decreased, with delivery volume falling by 69.28% against the five-day average, indicating waning interest in the stock.
Broader Market Context: In comparison to the benchmark, the Sensex, Zenith Steel's short-term performance has been notably weaker, with a 1-week decline of 4.99% against the Sensex's smaller drop of 0.69%. While the stock has shown some resilience over a three-year period with a return of 20.12%, it has still underperformed relative to the Sensex, which has increased by 38.08% in the same timeframe. The broader market context suggests that while the stock has had periods of strong performance over the long term, recent trends indicate a struggle to maintain momentum, particularly in the face of declining investor participation and short-term underperformance relative to the benchmark.