Why is Kaka Industries falling/rising?

As of 30-Jul, Kaka Industries Ltd is experiencing a decline in its stock price, currently at Rs 221.00, which reflects a decrease of Rs 1.1 or 0.5%. The stock has underperformed its sector by 0.88% today and has been on a downward trend, falling consecutively for the last two days with a total decline of 3.43%. Over the past week, the stock has decreased by 2.21%, while its performance over the past month shows a positive return of 11.62%. However, year-to-date, the stock is down 19.23%, indicating a significant overall decline despite recent short-term gains. Notably, the delivery volume has dropped by 61.31% compared to the five-day average, suggesting falling investor participation, which may contribute to the stock's recent price movement.
In the broader market context, the Sensex has decreased by 1.50% over the past week, indicating that while Kaka Industries is underperforming relative to the benchmark, the overall market is also facing challenges. The stock's performance today is particularly concerning as it has not only fallen but has also shown a lack of liquidity, with trading volumes indicating reduced interest from investors. The stock's moving averages indicate that while it is above the 20-day and 50-day averages, it is below the 5-day, 100-day, and 200-day averages, which may signal a bearish trend in the near term. Overall, the combination of declining investor participation and underperformance against the benchmark suggests that Kaka Industries is facing significant headwinds.