Why is Arunaya Organics falling/rising?

As of 26-Jun, Arunaya Organics Ltd is experiencing a decline in its stock price, currently at Rs. 30.30, which reflects a decrease of Rs. 0.65 or 2.1%. The stock has underperformed significantly, with a 1-week return of -5.31% and a 1-month return of -24.06%, contrasting sharply with the Sensex, which has gained 3.05% and 2.19% over the same periods, respectively. Additionally, the stock hit a new 52-week low of Rs. 30.2 today and is trading below all key moving averages, indicating a bearish trend. While there has been a slight increase in investor participation, with delivery volume rising by 8.97% against the 5-day average, the overall performance remains weak, and no positive factors are noted to counterbalance this decline.
Broader Market Context: The broader market, represented by the Sensex, has shown positive returns, which further highlights Arunaya Organics' struggles. The stock's significant underperformance relative to the benchmark indicates that investor sentiment is likely negative, contributing to the downward pressure on its price. With the market gaining while Arunaya Organics continues to fall, it suggests that investors may be losing confidence in the company's prospects, leading to a lack of support for its stock price amidst a generally positive market environment.