Why is Ajooni Biotech falling/rising?

As of 19-Nov, Ajooni Biotech Ltd's stock price is currently at Rs. 4.67, reflecting a decrease of Rs. 0.27, or 5.47%. The stock has recently hit a new 52-week low of Rs. 4.16 and is underperforming its sector by 5.33%. Additionally, Ajooni Biotech is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 6.41%, and it has experienced a significant year-to-date drop of 39.90%, contrasting sharply with the Sensex, which has gained 10.18% during the same period. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 10.86% compared to the 5-day average.
In the broader market context, Ajooni Biotech's recent performance starkly contrasts with the Sensex's positive movement, which has risen by 0.68% over the past week. This divergence suggests that while the overall market is experiencing gains, Ajooni Biotech is struggling significantly, as evidenced by its substantial underperformance over various time frames, including a 39.90% decline year-to-date. The lack of positive factors in the dashboard further emphasizes the challenges facing the company, contributing to the downward pressure on its stock price.