Why is Harshil Agrotech falling/rising?

As of 12-Sep, Harshil Agrotech Ltd's stock price is currently at Rs. 1.14, reflecting a decrease of Rs. 0.05 or 4.2%. The stock has hit a new 52-week low today and has been on a downward trend, experiencing consecutive losses for the past seven days, resulting in a total decline of 27.85% during this period. Additionally, the stock has significantly underperformed compared to its sector by 3.49%. Over the longer term, the stock has shown poor performance with a year-to-date decline of 65.23% and a staggering 97.85% drop over the past year. The stock is also trading below all its moving averages, indicating a bearish trend. While there has been a notable increase in investor participation, with delivery volume rising by 159.07% against the 5-day average, this has not been sufficient to counteract the overall negative sentiment surrounding the stock.
In the broader market context, Harshil Agrotech's short-term performance has been significantly worse than the benchmark, with a 1-week return of -20.83% compared to the Sensex's gain of 1.48%. This stark contrast highlights the stock's struggles relative to the overall market, which has shown resilience. The broader market's positive movement, alongside the stock's continued decline, suggests that investor confidence in Harshil Agrotech is waning, further exacerbating its price drop. Overall, the combination of poor stock performance metrics and negative market sentiment contributes to the ongoing decline in Harshil Agrotech's stock price.