Why is K2 Infragen falling/rising?

As of 22-Jul, K2 Infragen Ltd's stock price is currently at Rs. 63.90, reflecting an increase of Rs. 0.4 or 0.63%. Despite this slight uptick, the stock has shown a significant decline over the past week and month, with returns of -2.29% and -16.36% respectively. The stock recently hit a new 52-week low of Rs. 61, indicating ongoing struggles. Additionally, K2 Infragen is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. The delivery volume has also decreased by 27.46% compared to the 5-day average, indicating falling investor participation. There is no information available regarding positive or negative factors that could influence the stock's recent movement.
In the broader market context, K2 Infragen's performance has been notably poor compared to the benchmark Sensex, which has gained 5.99% year-to-date while K2 Infragen has plummeted by 60.17%. Over the past week, while the Sensex has only declined by 0.54%, K2 Infragen's larger drop of 2.29% highlights its underperformance. This stark contrast in performance suggests that the stock is facing significant challenges that are not affecting the broader market to the same extent.