Why is Kanco Tea falling/rising?

As of 07-Nov, Kanco Tea & Industries Ltd is experiencing a decline in its stock price, currently at Rs 56.81, which reflects a decrease of Rs 1.25 or 2.15%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 7.17% during this period. It is also trading close to its 52-week low, just 0.63% away from Rs 56.45. Furthermore, Kanco Tea's performance over the past month shows a significant drop of 12.60%, while its year-to-date return is down by 36.17%. The stock is currently trading below all its moving averages, indicating a bearish trend. Although there has been a rise in investor participation, with delivery volume increasing by 76.4% against the 5-day average, the overall sentiment remains negative.
In the broader market context, Kanco Tea's short-term performance has been notably worse than the benchmark Sensex, which has only declined by 0.86% over the past week. This stark contrast highlights the stock's struggles relative to the market. Over the past year, Kanco Tea has seen a decline of 35.76%, while the Sensex has gained 4.62%, further emphasizing the stock's underperformance. The lack of positive factors in the provided data suggests that there are no significant catalysts to support a rebound in the stock's price at this time.