Why is IGC Industries falling/rising?

As of 20-Jun, IGC Industries Ltd is experiencing a decline in its stock price, currently at Rs. 4.00, which represents a decrease of Rs. 0.16 or 3.85%. The stock has been underperforming significantly, having fallen consecutively for the last seven days, resulting in a total decline of 21.41% during this period. Additionally, the stock hit a new 52-week low of Rs. 3.96 today. Over the past week, IGC Industries has underperformed its sector by 5.04%, and its returns have been notably poor, with a year-to-date decline of 59.47% and a staggering 91.56% drop over the past year. While there has been a rise in investor participation, with delivery volume increasing by 332.43% against the 5-day average, the overall sentiment remains negative as the stock trades below all key moving averages.
In the broader market context, the Sensex has shown resilience with a 1.59% increase over the past week, contrasting sharply with IGC Industries' 15.61% decline during the same timeframe. This disparity highlights the stock's significant underperformance relative to the benchmark. The broader market has also seen positive returns of 5.46% year-to-date, further emphasizing the challenges faced by IGC Industries. The lack of available positive factors in the dashboard suggests that there are no immediate catalysts to reverse the current downward trend, leaving the stock vulnerable to continued declines amidst a generally stable market environment.