Why is Akanksha Power falling/rising?

As of 06-Aug, Akanksha Power & Infrastructure Ltd is experiencing a decline in its stock price, currently at Rs 93.90, which reflects a decrease of Rs 3.65 or 3.74%. The stock has underperformed its sector by 2.72% today and opened with a loss of 3.64%. It reached an intraday low of Rs 93.5, indicating significant downward pressure. Over the past week, the stock has fallen by 4.62%, and its year-to-date performance shows a substantial decline of 36.98%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. While there has been a slight increase in delivery volume, this does not offset the overall negative sentiment surrounding the stock.
In the broader market context, the Sensex has only declined by 1.13% over the past week, indicating that Akanksha Power's performance is significantly worse than the overall market. The stock's year-to-date decline of 36.98% starkly contrasts with the Sensex's gain of 3.93%, highlighting its underperformance relative to the benchmark. This disparity suggests that investor sentiment towards Akanksha Power is particularly negative, compounded by erratic trading patterns, as the stock did not trade on two days out of the last 20. Overall, the combination of poor stock performance, negative technical indicators, and a lack of positive factors contributes to the ongoing decline in Akanksha Power's stock price.