Why is Hathway Bhawani falling/rising?

As of 10-Oct, Hathway Bhawani Cabletel & Datacom Ltd is experiencing a decline in its stock price, currently at 15.51, reflecting a decrease of 0.06 or 0.39%. The stock has underperformed its sector by 0.64% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 4.61% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past year, the stock has seen a significant decline of 22.49%, while the benchmark Sensex has only increased by 1.09%. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.
Broader market context shows that Hathway Bhawani's short-term performance is notably weaker compared to the benchmark. While the Sensex has gained 1.59% over the past week, Hathway Bhawani has dropped by 6.57%, highlighting a stark contrast in performance. This underperformance is further emphasized by the stock's year-to-date decline of 11.42%, compared to the Sensex's rise of 5.58%. The rising investor participation, indicated by a significant increase in delivery volume, suggests some interest in the stock, but it has not translated into positive price movement, reflecting broader challenges faced by the company in the current market environment.