Why is IGC Industries falling/rising?

As of 13-Jun, IGC Industries Ltd is experiencing a decline in its stock price, currently at Rs. 4.74, which represents a decrease of 0.26 or 5.2%. The stock has hit a new 52-week low today and has been underperforming its sector by 3.93%. Over the past two days, the stock has seen a consecutive fall, totaling a decline of 6.88%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In terms of returns, the stock has significantly underperformed, with a year-to-date decline of 51.98% and a staggering 89.34% drop over the past year, while the benchmark Sensex has shown a modest gain of 3.81% during the same period. There is a notable increase in investor participation, with delivery volume rising by 247.45% against the 5-day average, indicating some interest despite the overall negative performance.
In the broader market context, IGC Industries' short-term performance has been considerably worse than the benchmark Sensex, which has only declined by 1.30% over the past week compared to IGC's 9.54% drop. This stark contrast highlights the stock's struggles relative to the market. The liquidity of the stock appears adequate, as it is liquid enough for trading sizes, but the overall sentiment remains negative due to the significant declines in both short-term and long-term performance metrics. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movements.