Why is Binani Industrie falling/rising?

As of 23-Jun, Binani Industries Ltd is experiencing a decline in its stock price, currently at 12.65, which reflects a decrease of 0.25 or 1.94%. The stock has been underperforming significantly, with a consecutive fall over the last three days resulting in a total decline of 9.45%. Additionally, it is trading below all key moving averages, indicating a bearish trend. The stock has also shown poor performance over various periods, with a 1-week return of -11.17% and a year-to-date return of -15.67%. There is a notable decrease in investor participation, as evidenced by an 18.4% drop in delivery volume compared to the 5-day average, which suggests waning interest among investors.
In the broader market context, Binani Industries' performance contrasts sharply with the Sensex, which has shown a slight increase of 0.12% over the past week. While the benchmark has gained 4.81% year-to-date, Binani Industries has significantly lagged behind, highlighting its struggles in the current market environment. The stock's recent underperformance, coupled with declining investor engagement and negative returns across multiple time frames, indicates a challenging situation for the company amidst a generally stable market backdrop.