Why is Integ. Hitech falling/rising?

As of 09-Jun, Integrated Hitech Ltd is experiencing a decline in its stock price, currently at Rs. 5.01, which represents a decrease of 0.49 or 8.91%. The stock has hit a new 52-week low of Rs. 4.98 today and has underperformed its sector by 9.96%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 1.76%, and its year-to-date performance shows a significant decline of 37.69%, contrasting sharply with the Sensex, which has gained 5.51% during the same period. There is a notable increase in investor participation, with delivery volume rising by 100.05% against the 5-day average, suggesting some interest despite the overall negative performance.
In the broader market context, the stock's recent performance has been significantly weaker compared to the benchmark Sensex, which has shown positive returns across various time frames, including a 3.76% increase over the past month. This stark contrast highlights the challenges Integrated Hitech Ltd is facing in attracting investor confidence. The lack of available positive factors further compounds the stock's difficulties, as there are no indications of favorable developments that could support a price recovery. Overall, the combination of poor stock performance, negative technical indicators, and the absence of positive news contributes to the ongoing decline in Integrated Hitech Ltd's stock price.