Why is IND Renewable falling/rising?

As of 18-Sep, IND Renewable Energy Ltd is experiencing a decline in its stock price, currently at 13.87, which reflects a decrease of 0.12 or 0.86%. The stock has been underperforming, having lost 3.34% over the past month and has shown a consecutive fall over the last two days. Despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average. Notably, there has been a significant increase in investor participation, with delivery volume rising by 258.88% against the 5-day average, indicating some interest in the stock despite its recent downturn.
In the broader market context, the stock's performance has been notably weaker compared to the benchmark Sensex, which has gained 1.80% over the past week while IND Renewable has declined by 1.70%. This trend of underperformance is evident in the year-to-date returns as well, where IND Renewable is down 5.19% compared to the Sensex's increase of 6.24%. The lack of available positive or negative factors further complicates the understanding of the stock's recent movements, leaving a gap in the analysis of potential catalysts or deterrents influencing investor sentiment.