Why is Arunaya Organics falling/rising?

As of 09-Oct, Arunaya Organics Ltd is experiencing a decline in its stock price, currently at Rs. 21.45, which represents a decrease of 0.45 or 2.05%. The stock has underperformed significantly, with a 1-week return of -5.92% and a 1-month return of -8.72%, contrasting sharply with the Sensex, which has gained 1.39% and 1.26% respectively over the same periods. Additionally, the stock hit a new 52-week low of Rs. 21.3 today. It is also 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 282.35% against the 5-day average, the overall sentiment remains negative, and no positive factors are currently available to counterbalance this decline.
Broader Market Context: In the broader market, Arunaya Organics' performance is significantly lagging behind the Sensex, which has shown resilience with a year-to-date gain of 6.50%. The stark contrast between the stock's negative returns and the benchmark's positive performance suggests that investor sentiment towards Arunaya Organics is weak, likely influenced by its recent underperformance and the lack of positive developments. The liquidity of the stock is adequate for trading, but the prevailing trend indicates that investors are cautious, contributing to the stock's downward movement.