Why is Zenith Steel falling/rising?

As of 08-Aug, Zenith Steel Pipes & Industries Ltd is experiencing a decline in its stock price, currently at 7.80, which reflects a decrease of 0.2 or 2.5%. The stock has been underperforming, having lost 10.24% over the last eight consecutive days. In terms of returns, the stock has shown a negative performance of 5.80% over the past week and 21.05% over the past year, while it has outperformed the benchmark Sensex in the long term with a significant 1268.42% increase over the last five years. However, it is currently underperforming its sector by 0.74%. The stock's moving averages indicate it is higher than the 100-day and 200-day averages but lower than the 5-day, 20-day, and 50-day averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 71.01% against the 5-day average, suggesting some interest despite the price decline.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week return of -5.80% compared to the Sensex's -0.92%. This indicates that while the overall market is also experiencing some downturn, Zenith Steel is facing a more pronounced decline. The year-to-date performance shows the stock down by 2.86%, contrasting with the Sensex's positive return of 2.20%. This disparity highlights the challenges Zenith Steel is facing relative to the broader market, contributing to the stock's recent price movement.