Why is IND Renewable falling/rising?

As of 11-Nov, IND Renewable Energy Ltd is experiencing a decline in its stock price, currently at 13.56, which represents a decrease of 0.07 or 0.51%. The stock has been underperforming recently, with a consecutive fall over the last three days, resulting in a total return of -7% during this period. Additionally, the stock's performance over the past week and month shows declines of 1.24% and 4.24%, respectively, while year-to-date returns are down by 7.31%. Although the stock has outperformed its sector by 0.52% today, the overall trend indicates a lack of positive momentum. The delivery volume has also decreased by 1.64% compared to the five-day average, suggesting falling investor participation.
Broader Market Context: In comparison to the benchmark, the Sensex has shown a positive return of 0.49% over the past week, while IND Renewable's performance has been negative. This divergence highlights the stock's struggles relative to the broader market, particularly as the Sensex has gained 1.66% over the past month and 7.34% year-to-date. The stock's moving averages indicate that it is currently above the 200-day average but below the shorter-term averages, which may signal a bearish trend. Overall, the combination of declining returns, reduced investor participation, and underperformance against the benchmark contributes to the stock's recent downward movement.