Why is Kachchh Minerals falling/rising?

As of 18-Nov, Kachchh Minerals Ltd is experiencing a decline in its stock price, currently at Rs 25.73, which represents a decrease of 1.35 or 4.99%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 9.72% during this period. Additionally, it opened with a loss of 4.99% today and has not shown any price range movement since then. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a significant increase in delivery volume, rising by 2274.63% against the 5-day average, the overall sentiment appears negative, contributing to the stock's recent decline.
In the broader market context, Kachchh Minerals has significantly underperformed compared to the Sensex, with a 1-week return of -15.92% against the benchmark's positive return of +0.96%. Over the past month, the stock has dropped by 28.53%, while the Sensex has only increased by 0.86%. This stark contrast highlights the challenges faced by Kachchh Minerals in the current market environment, as it struggles to maintain investor confidence amid its declining performance. The lack of available positive factors further exacerbates the situation, leaving the stock vulnerable to continued downward pressure.