Why is Indrayani Biotec falling/rising?

As of 27-Oct, Indrayani Biotech Ltd's stock price is currently at Rs 13.86, reflecting a decline of Rs 1.11, or 7.41%. The stock has underperformed its sector today by 1.28%, with an intraday low of Rs 13.6, marking a decrease of 9.15%. In the past week, the stock has experienced a significant drop of 8.82%, and year-to-date, it has plummeted by 61.90%. The stock's performance has been notably poor over the longer term as well, with a 3-year decline of 83.36%. The lack of positive factors in the dashboard suggests that there are no mitigating circumstances to support the stock's price, while the negative sentiment in the floriculture sector, which has fallen by 7.33%, likely contributes to the stock's downward movement.
Broader market context indicates that while the Sensex has gained 0.49% over the past week, Indrayani Biotech's performance has been markedly worse, highlighting a disconnect between the stock and the broader market. The stock's delivery volume has also decreased by 4.52% against the 5-day average, indicating falling investor participation and liquidity concerns. This combination of poor sector performance, significant declines in stock returns, and reduced trading activity suggests that investor sentiment remains negative, further contributing to the stock's decline.