Why is Zenith Steel falling/rising?

As of 21-Aug, Zenith Steel Pipes & Industries Ltd is experiencing a price increase, currently at 8.03, which reflects a change of 0.1 or 1.26% upward. The stock has shown a positive performance today, outperforming its sector by 1.5%, and has been gaining for the last two days with a total return of 1.65% during this period. However, despite this recent uptick, the stock has underperformed in the longer term, with a decline of 6.63% over the past month and 9.98% over the past year. Notably, there has been a significant drop in investor participation, with delivery volume falling by 95.07% against the 5-day average, indicating a potential concern regarding liquidity and interest in the stock.
Broader Market Context: In comparison to the benchmark Sensex, which has risen by 1.74% over the past week, Zenith Steel's performance has been slightly negative with a decline of 0.37%. While the stock has shown some resilience with a 33.61% increase over the past three years and an impressive 970.67% rise over the last five years, its recent performance suggests a divergence from the broader market trends. The Sensex has gained 4.94% year-to-date, contrasting with Zenith Steel's stagnant YTD performance of 0.00%. This context highlights the challenges the company faces in maintaining investor confidence amid fluctuating market conditions.