Why is Hamps Bio falling/rising?

As of 12-Sep, Hamps Bio Limited's stock price is currently at 28.82, reflecting a decrease of 0.58, or 1.97%. The stock has been underperforming, having fallen consecutively for the last two days and recording a total decline of 3.93% over the past week. Additionally, the stock has shown a year-to-date decline of 30.28%, significantly underperforming the benchmark Sensex, which has gained 4.82% in the same period. The stock's performance today has also been noted as underperforming its sector by 2.26%. Despite some positive signs, such as a rise in delivery volume by 53.85% against the 5-day average, the overall sentiment appears negative, with erratic trading patterns and a lack of available positive factors to counterbalance the recent declines.
In the broader market context, Hamps Bio's short-term performance has been notably weaker compared to the Sensex, which has gained 1.48% over the past week. This stark contrast highlights the stock's struggles in a generally positive market environment. The stock's moving averages indicate that it is trading higher than longer-term averages but lower than the 5-day moving average, suggesting recent volatility. The liquidity of the stock remains adequate for trading, but the overall negative return trends and lack of positive developments contribute to the downward pressure on Hamps Bio's stock price.