Why is Best Agrolife falling/rising?

As of 06-Nov, Best Agrolife Ltd is experiencing a decline in its stock price, currently at Rs 316.00, which reflects a decrease of Rs 5.8 or 1.8%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 4.37% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 4.73%, while in the last month, it has dropped significantly by 14.66%. Year-to-date, the stock has plummeted by 49.86%, contrasting sharply with the Sensex, which has gained 6.62% during the same timeframe. There is a slight positive note with rising investor participation, as the delivery volume increased by 11.32% against the 5-day average, suggesting some interest despite the overall negative performance.
Broader Market Context: In the context of the broader market, Best Agrolife's recent performance has been notably poor compared to the benchmark index, the Sensex. While the Sensex has shown a modest increase of 1.86% over the past month, Best Agrolife's substantial decline of 14.66% highlights a significant underperformance. This trend is further emphasized by the stock's year-to-date drop of nearly 50%, contrasting with the positive movement of the Sensex. The liquidity of the stock remains adequate, as it is liquid enough for trades of Rs 0.02 crore, but the overall market sentiment appears to be unfavorable for Best Agrolife at this time.