Why is Catvision Ltd falling/rising?

As of 20-Oct, Catvision Ltd's stock price is currently at Rs 20.38, reflecting a decline of Rs 1.12 or 5.21%. The stock has underperformed its sector by 1.9% today and has experienced significant volatility, with an intraday low of Rs 19.25, marking a drop of 10.47%. Over the past week, the stock has decreased by 6.90%, and year-to-date, it has fallen by 22.66%. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. There is a notable decline in investor participation, with delivery volume dropping by 85.05% compared to the five-day average, which further suggests a lack of confidence among investors.
Broader Market Context: In contrast, the benchmark Sensex has shown positive returns, increasing by 2.47% over the past week and 7.97% year-to-date. This stark difference highlights Catvision Ltd's struggles in a generally rising market. The Consumer Durables - Electronics sector has also faced a decline of 3.29%, which may be contributing to the negative sentiment surrounding Catvision Ltd. Overall, the combination of poor stock performance, high volatility, and declining investor interest has led to the stock's recent downward movement amidst a more favorable market environment.