Why is Gajanand Inter. falling/rising?

As of 08-Oct, Gajanand International Ltd is experiencing a decline in its stock price, currently at 11.50, which reflects a decrease of 0.4 or 3.36%. The stock has underperformed significantly, with a 1-week return of -3.77% and a 1-month return of -5.35%, while the benchmark Sensex has shown positive returns of +0.84% and +1.10% respectively during the same periods. Additionally, the stock is trading below its moving averages across all time frames, indicating a bearish trend. There has also been a notable drop in investor participation, with delivery volume falling by 58.33% compared to the 5-day average, suggesting reduced interest from investors.
In the broader market context, Gajanand International Ltd's performance contrasts sharply with the Sensex, which has gained 5.93% year-to-date, while Gajanand has plummeted by 38.99%. This stark difference highlights the stock's struggle in the current market environment. The lack of available positive factors further exacerbates the situation, as there are no supportive elements to counterbalance the negative trends observed in both stock performance and investor engagement. Overall, the combination of poor stock performance, declining investor interest, and unfavorable comparisons to the benchmark indicates a challenging outlook for Gajanand International Ltd.