Why is Droneacharya Aer falling/rising?

As of 29-Jul, Droneacharya Aerial Innovations Ltd is experiencing a decline in its stock price, currently at Rs 78.20, which reflects a decrease of Rs 1.59 or 1.99%. The stock has underperformed its sector by 0.7% today, having touched an intraday low of Rs 77.31, marking a drop of 3.11%. Over the past week, the stock has decreased by 5.21%, and year-to-date, it has seen a significant decline of 33.11%. Additionally, the stock is currently trading above its 100-day moving average but below its shorter-term moving averages, indicating mixed momentum. There has also been a notable decrease in investor participation, with delivery volume falling by 23.4% compared to the 5-day average, suggesting reduced interest from investors.
In the broader market context, the Sensex has declined by 1.03% over the past week, which indicates that while Droneacharya Aerial Innovations Ltd is underperforming relative to the market, the overall market sentiment is also negative. The stock's year-to-date performance is particularly concerning, as it has dropped 33.11% while the Sensex has gained 4.09%. This stark contrast highlights the challenges faced by the company in attracting investor confidence amidst a generally improving market.