Why is IGC Industries falling/rising?

As of 01-Aug, IGC Industries Ltd is currently priced at Rs 3.70, showing no change (0.00%). The stock has been underperforming, with a 1-week decline of 4.39% and a 1-month drop of 7.27%. It is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 1.35% away from Rs 3.65. There has also been a notable decrease in investor participation, with delivery volume falling by 12.62% against the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, IGC Industries has significantly underperformed compared to the Sensex, with a year-to-date decline of 62.51% versus the benchmark's gain of 3.15%. Over the past year, the stock has dropped 89.75%, while the Sensex has only decreased by 1.55%. This stark contrast highlights the challenges faced by IGC Industries in the current market environment, contributing to its ongoing decline.