Why is Gita Renewable falling/rising?

As of 23-Sep, Gita Renewable Energy Ltd is experiencing a decline in its stock price, currently at Rs 110.25, which reflects a decrease of Rs 2.45 or 2.17%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 2.65% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, with a 61.73% drop compared to the 5-day average, suggesting reduced investor participation. Over the past year, the stock has seen a substantial decline of 31.42%, contrasting sharply with the Sensex, which has only fallen by 3.33%.
In the broader market context, Gita Renewable's short-term performance has been notably worse than the benchmark, as it has declined by 2.86% over the past week compared to the Sensex's slight drop of 0.34%. This underperformance highlights a lack of investor confidence in the stock relative to the overall market. Furthermore, the stock's year-to-date performance shows a significant decline of 26.74%, while the Sensex has gained 5.07%, further emphasizing the challenges faced by Gita Renewable in attracting investment amidst a generally stable market environment.