Why is Beeyu Overseas falling/rising?

As of 15-Oct, Beeyu Overseas Ltd is experiencing a decline in its stock price, currently at 2.99, which reflects a decrease of 0.15 or 4.78%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in an overall drop of 8% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a slight increase in investor participation, with delivery volume rising by 14.01% compared to the 5-day average, the overall performance remains negative, as the stock has underperformed its sector by 4.46%. The year-to-date return is particularly concerning, showing a decline of 36.38% compared to a 5.72% increase in the benchmark index.
In the broader market context, Beeyu Overseas Ltd's short-term performance has been significantly worse than the benchmark, with a 1-week return of -7.72% compared to a positive return of +1.02% for the Sensex. This stark contrast highlights the stock's struggles relative to the overall market, which has been performing well. The negative sentiment surrounding Beeyu Overseas is further emphasized by its year-to-date performance, which shows a substantial underperformance compared to the benchmark. Overall, the combination of poor stock performance, negative returns, and a lack of positive factors contributes to the ongoing decline in Beeyu Overseas Ltd's stock price.