Why is Gujarat Poly falling/rising?

As of 29-Sep, Gujarat Poly Electronics Ltd is experiencing a decline in its stock price, currently at Rs 90.00, which reflects a decrease of Rs 2.36 or 2.56%. The stock has underperformed its sector by 2.76% today and has been on a downward trend for the last two days, accumulating a total decline of 4.06%. The stock reached an intraday high of Rs 95 but also touched a low of Rs 89, indicating significant volatility. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 64.91% compared to the 5-day average, indicating reduced interest from investors.
In the broader market context, Gujarat Poly's short-term performance has been weaker than the benchmark, with a 1-week return of -5.81% compared to the Sensex's -2.18%. Over the past month, however, the stock has shown a slight positive return of 1.42%, while the Sensex has gained 0.70%. Year-to-date, Gujarat Poly has underperformed significantly with a decline of 5.36% against the Sensex's increase of 2.85%. The stark contrast in performance over the past year, where the stock has dropped by 33.82% compared to the Sensex's decline of only 6.08%, further highlights the challenges faced by Gujarat Poly in the current market environment.