Why is Graphisads falling/rising?

As of 11-Nov, Graphisads Ltd is experiencing a decline in its stock price, currently at Rs 32.30, which reflects a decrease of Rs 1.6 or 4.72%. The stock has underperformed significantly, with a 1-week return of -6.38% and a 1-month return of -7.71%. Additionally, it is trading below all key moving averages, indicating a bearish trend. The stock is also close to its 52-week low, just 2.8% away from Rs 31.3. Notably, investor participation has fallen sharply, with delivery volume dropping by 87.8% compared to the 5-day average, suggesting a lack of interest among investors.
In the broader market context, the Sensex has shown a positive return of +0.38% over the past week and +1.62% over the past month, contrasting sharply with Graphisads' negative performance. This divergence indicates that while the overall market is experiencing gains, Graphisads is struggling significantly. The stock's year-to-date decline of -43.28% and a 1-year decline of -59.27% further highlight its underperformance relative to the benchmark, which has gained 8.67% year-to-date. This combination of poor stock performance and falling investor interest contributes to the ongoing decline in Graphisads' stock price.