Why is Captain Pipes falling/rising?

As of 17-Oct, Captain Pipes Ltd is experiencing a decline in its stock price, currently at 13.13, which reflects a decrease of 0.09 or 0.68%. The stock has been underperforming, having lost 6.08% over the last three days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has shown significant underperformance over various periods, with a year-to-date decline of 32.35% compared to a 7.44% increase in the Sensex. Although there has been a notable rise in investor participation, with delivery volume increasing by 400.65% against the 5-day average, the overall negative returns suggest a challenging environment for the stock.
In the broader market context, Captain Pipes' recent performance contrasts sharply with the Sensex, which has gained 1.76% over the past week and 1.52% over the past month. This indicates that while the market is generally moving upward, Captain Pipes is struggling significantly, as evidenced by its 1-month decline of 7.14%. The stock's liquidity remains adequate for trading, but the persistent downward trend and underperformance relative to the benchmark highlight ongoing challenges for Captain Pipes Ltd in the current market landscape.