Why is Ganesha Ecoverse falling/rising?

As of 17-Sep, Ganesha Ecoverse Ltd's stock price is currently at 37.43, reflecting a decline of 0.57, or 1.5%. The stock has been underperforming, having lost 2.5% over the last three days and is currently lower than its 5-day, 20-day, and 50-day moving averages. In terms of longer-term performance, the stock has seen a significant decline of 11.91% year-to-date and 24.82% over the past year, contrasting sharply with the Sensex, which has gained 5.83% and lost only 0.46% respectively over the same periods. Despite this, there has been a rise in investor participation, with delivery volume increasing by 37.99% against the 5-day average, indicating some interest in the stock despite its recent downturn.
Broader Market Context: In the short term, Ganesha Ecoverse's performance has been notably weaker than the benchmark Sensex, which has gained 1.56% over the past week while the stock has declined by 1.50%. This underperformance is further emphasized by the stock's consecutive losses and its inability to keep pace with the broader market trends. The liquidity of the stock appears sufficient for trading, but the overall negative sentiment reflected in its recent price movements suggests that investors may be cautious, leading to a lack of confidence in the stock's near-term recovery.