Why is Davangere Sugar falling/rising?

As of 13-Oct, Davangere Sugar Company Ltd's stock price is currently at 3.60, reflecting a decrease of 0.09 or 2.44%. The stock has been on a downward trend, having underperformed its sector by 1.51% today and experiencing a consecutive fall for the last six days, resulting in a total decline of 12.2% during this period. Additionally, the stock has shown poor performance over various time frames, with a year-to-date decline of 29.90% and a one-year drop of 45.10%. There is also a notable decrease in investor participation, as evidenced by a 19.06% drop in delivery volume compared to the five-day average, which may further contribute to the stock's declining price.
In the broader market context, while the Sensex has shown a slight increase of 0.66% over the past week, Davangere Sugar's stock has fallen by 10.22% in the same period, indicating a significant underperformance relative to the benchmark. This trend of underperformance is consistent across multiple time frames, highlighting the stock's struggles compared to the overall market. The stock is currently trading above its 100-day moving average but below its shorter-term moving averages, suggesting a lack of momentum. Overall, the combination of declining returns, reduced investor interest, and a stark contrast to the benchmark performance paints a concerning picture for Davangere Sugar's stock.