Why is Forbes & Co falling/rising?

As of 24-Sep, Forbes & Company Ltd is experiencing a decline in its stock price, currently at Rs 379.95, which reflects a decrease of Rs 8.85 or 2.28%. The stock has underperformed its sector by 0.99% today, having touched an intraday low of Rs 375, marking a drop of 3.55%. Additionally, Forbes & Co is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 7.10%, and year-to-date, it has fallen by 19.14%. Despite a recent increase in delivery volume, which rose by 1.47% against the 5-day average, the overall performance remains negative, with no positive factors reported to counterbalance the decline.
Broader Market Context: In comparison to the benchmark Sensex, which has shown a slight increase of 0.50% over the past month, Forbes & Co's performance has been significantly weaker, with a 1-month decline of 8.88%. This trend is further highlighted by the stock's year-on-year performance, which has seen a drop of 45.41%, contrasting sharply with the Sensex's decline of only 3.77%. The broader market context indicates that while the overall market has been relatively stable or improving, Forbes & Co continues to struggle, reflecting a lack of investor confidence and negative sentiment surrounding the stock.