Why is Clinitech Lab falling/rising?

As of 11-Sep, Clinitech Laboratory Ltd is experiencing a decline in its stock price, currently at Rs 48.46, which represents a decrease of 2.54 (-4.98%). The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 11.08% during this period. It opened today with a loss of 4.98% and has not traded above this price point. Additionally, the stock's performance over the past week shows a decline of 4.98%, while it has seen a significant drop of 38.55% year-to-date and 41.61% over the past year. The delivery volume has also decreased sharply, falling by 56.52% compared to the 5-day average, indicating a drop in investor participation.
Broader market context reveals that while Clinitech Laboratory Ltd has struggled, the Sensex has shown a modest gain of 1.03% over the past week and 4.36% year-to-date. This stark contrast highlights the stock's underperformance relative to the broader market. The stock's current price is higher than its 20-day and 50-day moving averages but lower than its 5-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Overall, the combination of declining investor interest, poor short-term returns, and a significant drop in price has contributed to the stock's downward movement.