Why is Alpa Laboratorie falling/rising?

As of 07-Nov, Alpa Laboratories Ltd is experiencing a decline in its stock price, currently at Rs. 81.83, which represents a decrease of Rs. 5.85 or 6.67%. The stock has hit a new 52-week low of Rs. 79.8 today and has been underperforming its sector by 6.33%. Over the past five days, the stock has consistently fallen, resulting in a total decline of 10.55%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 9.51% compared to the 5-day average, suggesting a drop in investor participation. Unfortunately, there are no positive factors available to counterbalance these negative indicators.
In the broader market context, Alpa Laboratories Ltd has underperformed significantly compared to the Sensex, with a 1-week return of -10.48% against the benchmark's -0.86%. Over the past month, the stock has declined by 8.23%, while the Sensex has gained 1.57%. Year-to-date, Alpa Laboratories has seen a substantial drop of 31.81%, contrasting sharply with the Sensex's increase of 6.50%. This stark difference in performance highlights the challenges faced by the company in the current market environment, contributing to the ongoing decline in its stock price.