Why is Kanchi Karpooram falling/rising?

As of 06-Nov, Kanchi Karpooram Ltd is experiencing a decline in its stock price, currently at Rs 376.45, which reflects a decrease of Rs 19.0 or 4.8%. The stock has been underperforming, having lost 5.65% over the last three days and is trading below all its moving averages, indicating a bearish trend. Additionally, the stock's performance over various periods shows significant underperformance compared to the benchmark Sensex, with a year-to-date decline of 29.64% and a one-year drop of 46.53%. There is also a notable decrease in investor participation, with delivery volume falling by 11.2% against the five-day average, suggesting waning interest among investors.
In the broader market context, Kanchi Karpooram's short-term performance has been significantly worse than the Sensex, which has only declined by 1.30% over the past week. This stark contrast highlights the stock's struggles relative to the overall market, where the Sensex has shown positive returns over the last month and year. The liquidity of Kanchi Karpooram appears adequate for trading, but the overall negative sentiment and consistent price drops indicate challenges that the company is currently facing in attracting investor confidence.