Why is IGC Industries falling/rising?

As of 29-Sep, IGC Industries Ltd is experiencing a decline in its stock price, currently at 3.04, which reflects a decrease of 0.03 or 0.98%. The stock has underperformed its sector by 2.38% today and has been on a consecutive downward trend for the last three days, resulting in a total drop of 5.88% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has also decreased by 9.45% compared to the 5-day average, indicating a falling investor participation. Overall, the stock has shown significant declines over various time frames, with a year-to-date drop of 69.20% and a staggering 89.33% decline over the past year.
In the broader market context, IGC Industries' recent performance contrasts with the benchmark Sensex, which has shown a slight increase of 2.85% year-to-date. Over the past week, IGC Industries has decreased by 2.56%, while the Sensex has fallen by only 2.18%, highlighting the stock's underperformance relative to the market. This trend suggests that investor sentiment towards IGC Industries is weak, especially in comparison to the overall market performance. The absence of any positive factors in the provided data further emphasizes the challenges the company faces in regaining investor confidence.