Why is Harshil Agrotech falling/rising?

As of 08-Oct, Harshil Agrotech Ltd's stock price is currently at Rs. 0.63, reflecting a decline of Rs. 0.03 or 4.55%. The stock has hit a new 52-week low today and has been on a downward trend, having fallen consecutively for the last eight days, resulting in a total decline of 30% during this period. Additionally, the stock has significantly underperformed against its sector by 3.6%. Over the past week, the stock has experienced a drastic decline of 16%, and its year-to-date performance shows a staggering drop of 80.79%. The stock is also trading below all its moving averages, indicating a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by nearly 50% compared to the five-day average.
In the broader market context, while the Sensex has shown a slight increase of 0.98% over the past week, Harshil Agrotech's performance starkly contrasts this positive trend. The significant underperformance of the stock relative to the benchmark highlights its struggles in the current market environment. The broader market has seen a year-to-date gain of 4.65%, further emphasizing the challenges faced by Harshil Agrotech as it continues to decline amidst a generally stable market backdrop.