Why is K2 Infragen falling/rising?

As of 12-Nov, K2 Infragen Ltd's stock price is currently at Rs 53.25, reflecting a decrease of Rs 0.7 or 1.3%. The stock has underperformed significantly, with a 1.41% proximity to its 52-week low of Rs 52.5. It has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has dropped by 65.43% compared to the 5-day average, suggesting a decline in investor participation. Over the past week, the stock has fallen by 4.83%, and it has experienced substantial losses year-to-date, down 66.81%, while the benchmark Sensex has gained 9.44% during the same period.
In the broader market context, K2 Infragen's performance contrasts sharply with the Sensex, which has shown positive returns across various time frames, including a 1.09% increase over the past week and a 2.34% increase over the past month. This stark difference highlights the stock's struggles relative to the market, as it has not only underperformed the sector today by 2.13% but also has a significantly negative return over the past year, down 77.87%. The lack of positive factors in the provided data further emphasizes the challenges facing K2 Infragen, contributing to its declining stock price.