Why is Airan falling/rising?

As of 18-Nov, Airan Ltd's stock price is currently at Rs. 21.02, reflecting a decrease of Rs. 0.78 or 3.58%. The stock has recently hit a new 52-week low of Rs. 20.75 and has been underperforming its sector by 2.61%. Over the past two days, the stock has experienced a consecutive decline, totaling a drop of 6.03%. In terms of returns, Airan has shown significant underperformance over various periods, with a year-to-date decline of 36.11% compared to a 8.36% increase in the Sensex. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a rise in investor participation, with delivery volume increasing by 26.36% against the 5-day average, the overall sentiment remains negative.
Broader Market Context: In the context of the broader market, Airan's short-term performance has been notably poor, with a 1-week return of -5.53% while the Sensex has gained 0.96%. This stark contrast highlights the stock's struggles relative to the overall market, further emphasizing its recent downward trajectory. The broader market has shown resilience, with positive returns over the last month and year, while Airan's significant declines over the same periods underscore its challenges. The lack of available positive factors in the dashboard suggests that there are no immediate catalysts to reverse the current negative sentiment surrounding the stock.