Why is Arunaya Organics falling/rising?

As of 30-Jun, Arunaya Organics Ltd is currently priced at Rs. 28.80, reflecting a decrease of Rs. 0.5 or 1.71%. The stock has underperformed significantly, with a 1-week decline of 8.28% and a 1-month drop of 19.55%, while the benchmark Sensex has risen by 2.18% and 3.10% respectively during the same periods. Today, the stock hit a new 52-week low of Rs. 28.05 and is trading below all key moving averages, indicating a bearish trend. Although there has been a notable increase in investor participation, with delivery volume rising by 78.9% against the 5-day average, the overall performance remains weak, suggesting that negative sentiment is outweighing any positive developments.
Broader Market Context: The broader market context shows that while Arunaya Organics is experiencing a significant decline, the Sensex has been performing positively, which highlights the stock's underperformance relative to the market. The stock's liquidity appears adequate for trading, but the lack of positive factors in the dashboard indicates that there are no strong catalysts to support a price recovery at this time. Overall, the combination of poor short-term returns compared to the benchmark and the stock's recent lows suggests a challenging environment for Arunaya Organics Ltd.