Why is Indrayani Biotec falling/rising?

As of 19-Sep, Indrayani Biotech Ltd is experiencing a decline in its stock price, currently at 11.31, which represents a decrease of 0.44 or 3.74%. The stock has been on a downward trend, having lost 4.96% over the last two days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has shown significant underperformance over various time frames, with a year-to-date decline of 68.91% and a one-year drop of 73.75%. There is a notable decrease in investor participation, with delivery volume falling by 58.19% compared to the 5-day average, indicating reduced interest in trading the stock.
In the broader market context, the Sensex has shown a positive return of 0.88% over the past week, contrasting sharply with Indrayani Biotech's decline of 8.20% during the same period. The floriculture sector, to which the company belongs, has also seen a decline of 3.74%, reflecting a challenging environment for stocks in this sector. Overall, the significant underperformance of Indrayani Biotech compared to the benchmark and the sector, along with declining investor interest, are contributing factors to the stock's recent downward movement.