Why is Blue Water falling/rising?

As of 22-Sep, Blue Water Logistics Ltd is experiencing a decline in its stock price, currently at 155.85, which reflects a decrease of 6.8 points or 4.18%. The stock has underperformed its sector by 3.36% today, and it has not traded on one day out of the last 20 days, indicating erratic trading behavior. Although the stock is trading higher than its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. In terms of returns, the stock has shown a slight decline of 0.10% over the past week and month, while the benchmark Sensex has increased by 0.53% and 1.34%, respectively. There is a notable rise in investor participation, with delivery volume increasing by 137.8% against the 5-day average, suggesting some interest despite the overall downward trend.
Broader Market Context: The broader market, represented by the Sensex, has performed positively, gaining 6.59% year-to-date and 42.95% over the past three years, contrasting with Blue Water's recent underperformance. This disparity highlights the stock's struggle to keep pace with the benchmark, particularly in the short term, where it has not only declined but also failed to capitalize on the overall market gains. The liquidity of the stock remains adequate for trading, but the lack of positive factors or news may be contributing to the downward pressure on its price amidst a generally favorable market environment.