Why is Indo Count Inds. falling/rising?

As of 07-Aug, Indo Count Industries Ltd is experiencing a decline in its stock price, currently at Rs 242.05, which reflects a decrease of Rs 5.4 or 2.18%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total decline of 9.11% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, falling by 42.57% against the 5-day average, suggesting reduced investor participation. There are no positive or negative factors provided that could further clarify the stock's recent movement.
In the broader market context, Indo Count Industries Ltd has underperformed relative to the Sensex, with a 1-week return of -11.01% compared to the benchmark's -0.69%. Over the past month, the stock has declined by 15.34%, while the Sensex has only dropped by 3.38%. Year-to-date, Indo Count's performance is notably worse, with a decline of 25.77% against the Sensex's gain of 3.18%. This stark contrast highlights the stock's struggles in the current market environment, contributing to its recent price decline.