Why is Droneacharya Aer falling/rising?

As of 29-Sep, Droneacharya Aerial Innovations Ltd is experiencing a decline in its stock price, currently at Rs 61.30, which reflects a decrease of 3.48 or 5.37%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total drop of 11.34% during this period. Today, it opened with a loss of 4.21% and reached an intraday low of Rs 60.5, indicating significant selling pressure. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. Investor participation has also decreased, with delivery volume dropping by 37.32% compared to the 5-day average, further contributing to the stock's downward movement.
In the broader market context, Droneacharya Aerial Innovations Ltd's performance over the past week shows a decline of 7.58%, while the benchmark Sensex has only decreased by 2.18%. Over the past month, the stock has fallen by 15.94%, contrasting sharply with the Sensex's modest gain of 0.70%. Year-to-date, the stock has plummeted by 47.56%, while the Sensex has risen by 2.85%. This significant underperformance relative to the benchmark indicates a lack of investor confidence and suggests that the stock is facing challenges that are not affecting the broader market to the same extent.