Why is Hind.Bio Science falling/rising?

As of 24-Oct, Hindustan Bio Sciences Ltd is experiencing a decline in its stock price, currently at Rs. 6.57, which represents a decrease of 0.72 or 9.88%. The stock has hit a new 52-week low today and has underperformed its sector by 9.49%. Over the past three days, the stock has consecutively fallen, resulting in a total decline of 26.92%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In terms of performance against benchmarks, the stock has seen significant declines over various periods, including a 20.36% drop over the past week and a 35.65% decline year-to-date, while the Sensex has shown positive returns in the same periods.
In the broader market context, while the Sensex has gained 0.31% over the past week and 3.05% over the past month, Hindustan Bio Sciences Ltd has significantly lagged behind, indicating a stark contrast in performance. The rising investor participation, as evidenced by a 2428.4% increase in delivery volume on 23 October, suggests some interest in the stock despite its recent poor performance. However, the overall liquidity remains adequate for trading, indicating that while there is some activity, it is not sufficient to counteract the stock's downward trend. The absence of specific positive or negative factors further complicates the outlook, leaving the reasons for the stock's decline largely tied to its recent performance metrics and market sentiment.