Why is Graviss Hospital falling/rising?

As of 10-Oct, Graviss Hospitality Ltd's stock price is currently at Rs 40.00, reflecting a decrease of Rs 1.91 or 4.56%. The stock has underperformed its sector significantly today, with a day's low matching its current price. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has declined, with delivery volume dropping by 40.33% compared to the 5-day average. Over the past year, the stock has seen a decline of 21.75%, while year-to-date it has fallen by 26.94%, further highlighting its recent struggles.
In the broader market context, the Sensex has shown a positive return of 1.59% over the past week, contrasting sharply with Graviss Hospitality's decline of 7.19% during the same period. This underperformance against the benchmark suggests that the stock is facing challenges that are not affecting the overall market. The stock's liquidity remains adequate for trading, but the significant drop in delivery volume and consistent underperformance relative to the sector indicate a lack of investor confidence, contributing to the stock's downward trajectory.