Why is Kaka Industries falling/rising?

As of 29-Sep, Kaka Industries Ltd is experiencing a decline in its stock price, currently at Rs 194.45, which reflects a decrease of Rs 10.05 or 4.91%. The stock has been underperforming, having fallen for the last three days with a total decline of 7.05% during this period. It opened the day with a loss of 2.2% and reached an intraday low of Rs 189, which is 3.32% away from its 52-week low. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, falling by 36% compared to the five-day average, suggesting a drop in investor participation.
In the broader market context, Kaka Industries' performance over the past week shows a decline of 3.07%, which is worse than the Sensex's drop of 2.18%. Over the past month, the stock has decreased by 1.79%, while the Sensex has gained 0.70%. Year-to-date, Kaka Industries has seen a substantial decline of 28.93%, contrasting sharply with the Sensex's increase of 2.85%. This significant underperformance relative to the benchmark highlights the challenges the company is facing in the current market environment.