Why is IGC Industries falling/rising?

As of 27-Jun, IGC Industries Ltd is experiencing a decline in its stock price, currently at 4.00, which reflects a decrease of 0.05 or 1.23%. The stock has been underperforming, having lost 3.61% over the last two days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, investor participation has decreased significantly, with delivery volume falling by 47.9% compared to the 5-day average. The stock has also shown substantial negative returns over various periods, including a year-to-date decline of 59.47% and a staggering 91.54% drop over the past year.
In the broader market context, the stock's performance contrasts sharply with the benchmark Sensex, which has gained 3.07% over the past month and 7.58% year-to-date. While the Sensex has shown resilience, IGC Industries has struggled significantly, with a 23.95% decline over the past month and a 59.47% drop year-to-date. This stark difference indicates that the stock is not only underperforming relative to the market but also facing challenges that are likely affecting investor confidence and participation.