Why is Zenith Steel falling/rising?

As of 15-Oct, Zenith Steel Pipes & Industries Ltd is experiencing a decline in its stock price, currently at 8.33, which reflects a decrease of 0.3 or 3.48%. The stock has been underperforming recently, having fallen for three consecutive days with a total decline of 8.36% during this period. Additionally, the stock's performance today has underperformed its sector by 4.52%. Despite showing positive returns over the past week and month, with increases of 1.34% and 8.46% respectively, the stock has a year-to-date return of only 3.74%, significantly lower than the Sensex's 5.72%. The delivery volume has also decreased sharply by 77.82% compared to the 5-day average, indicating falling investor participation.
Broader Market Context: In the short term, Zenith Steel's performance has been better than the benchmark Sensex over the past week, but it has lagged behind in the longer term, particularly over the past year where it has declined by 12.04% compared to the Sensex's modest gain of 0.96%. The stock's liquidity remains adequate for trading, but the recent drop in delivery volumes suggests a lack of confidence among investors, contributing to the stock's downward trend. Overall, while the stock has shown strong long-term growth over the past three and five years, recent performance indicates a troubling short-term outlook.