Why is Bandaram Pharma falling/rising?

As of 29-Oct, Bandaram Pharma Packtech Ltd is experiencing a decline in its stock price, currently at Rs. 24.05, which reflects a decrease of Rs. 0.74 or 2.99%. The stock has hit a new 52-week low today and has underperformed its sector by 5.89%. It has been on a consecutive downward trend for the last two days, with a total decline of 3.72% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a significant drop of 9.38%, and its year-to-date performance shows a staggering decline of 45.83%, indicating persistent weakness. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.68% over the past week and 8.78% year-to-date, Bandaram Pharma's performance has been notably poor. The medical equipment sector, in which the company operates, has seen a gain of 3.01%, further highlighting the stock's underperformance relative to both its sector and the broader market. The significant drop in investor participation, with delivery volume falling by 74.05% against the 5-day average, suggests a lack of interest or confidence among investors, contributing to the stock's decline.