Why is Arunjyoti Bio falling/rising?

As of 17-Nov, Arunjyoti Bio Ventures Ltd is experiencing a decline in its stock price, currently at 11.01, which reflects a decrease of 0.22 or 1.96%. The stock has been underperforming significantly, having lost 11.14% over the last six days and showing a year-to-date decline of 45.44%. Additionally, the stock's performance today has underperformed its sector by 2.38%. The delivery volume has also seen a drastic drop of 92.98% compared to the 5-day average, indicating falling investor participation. While the stock is trading higher than its 50-day, 100-day, and 200-day moving averages, it is lower than its 5-day and 20-day moving averages, suggesting a weakening trend.
In the broader market context, the Sensex has gained 1.69% over the past week, contrasting sharply with Arunjyoti Bio's 9.38% decline during the same period. This disparity highlights the stock's significant underperformance relative to the benchmark. The overall market has shown positive returns, with the Sensex up 8.72% year-to-date, while Arunjyoti Bio continues to struggle. The lack of available positive or negative factors further complicates the understanding of the stock's recent movements, as no specific catalysts or issues have been identified to explain the ongoing decline.