Why is Droneacharya Aer falling/rising?

As of 08-Oct, Droneacharya Aerial Innovations Ltd is experiencing a decline in its stock price, currently at Rs. 57.11, which reflects a decrease of Rs. 0.56 or 0.97%. The stock has been underperforming significantly, with a consecutive fall over the last 10 days resulting in a total decline of 17.4%. Additionally, it hit a new 52-week low of Rs. 56.07 today. The stock's performance over various periods shows a stark contrast to the benchmark, with a 1-week return of -5.13%, a 1-month return of -19.62%, and a year-to-date decline of 51.15%. The stock is also trading below its moving averages across multiple time frames, indicating a bearish trend. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 38.3% compared to the 5-day average.
In the broader market context, the Sensex has shown positive movement, gaining 0.98% over the past week and 1.22% over the past month, contrasting sharply with Droneacharya's negative returns. This divergence highlights the stock's struggles relative to the overall market performance. The broader market's stability may be contributing to the stock's decline, as investor confidence appears to be waning, leading to reduced trading activity and liquidity concerns. The absence of any positive factors in the dashboard further emphasizes the challenges faced by the company in the current market environment.