Why is K2 Infragen falling/rising?

As of 08-Aug, K2 Infragen Ltd is experiencing a decline in its stock price, currently at 66.20, reflecting a decrease of 1.8 or 2.65%. The stock has underperformed its sector by 3.1% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 69.59% compared to the 5-day average. Over the past year, the stock has seen a substantial decline of 72.59%, while its year-to-date performance shows a decrease of 58.74%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, K2 Infragen's short-term performance has been relatively stable, with a 1-week return of 0.00%, while the benchmark Sensex has decreased by 0.82% during the same period. However, over the past month, K2 Infragen has outperformed the Sensex, gaining 2.95% compared to the benchmark's decline of 4.54%. Despite this recent outperformance, the significant year-to-date and yearly declines indicate ongoing challenges for the company, which may be contributing to the current downward pressure on its stock price.