Why is BKV Industries falling/rising?

As of 15-Oct, BKV Industries Ltd is experiencing a decline in its stock price, currently at Rs 9.40, which reflects a decrease of Rs 0.12 or 1.26%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 6.47% during this period. Additionally, it is trading below all significant moving averages, indicating a bearish trend. The stock is also close to its 52-week low, being only 4.15% away from Rs 9.01. Furthermore, investor participation has decreased significantly, with delivery volume dropping by 74.8% compared to the five-day average, which suggests a lack of confidence among investors.
In the broader market context, BKV Industries' performance over the past week and month has been notably poor, with returns of -4.47% and -8.38%, respectively, while the benchmark Sensex has shown positive returns of +1.02% and +1.00% in the same periods. Year-to-date, the stock has declined by 30.37%, contrasting sharply with the Sensex's gain of 5.72%. This stark difference highlights the stock's struggles relative to the overall market, further contributing to its downward trajectory.