Why is KCP Sugar &Inds. falling/rising?

As of 06-Nov, KCP Sugar & Industries Corporation Ltd is experiencing a decline in its stock price, currently at Rs 30.40, which reflects a decrease of Rs 0.25 or 0.82%. The stock has been underperforming recently, with a consecutive fall over the last five days resulting in a total decline of 3.37%. It is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, the stock is close to its 52-week low, just 0.95% away from Rs 30.11. Despite these challenges, there has been a rise in investor participation, with delivery volume increasing by 20.92% compared to the 5-day average, suggesting some interest in the stock despite its recent poor performance.
In the broader market context, KCP Sugar & Industries has underperformed compared to the Sensex, with a 1-week return of -2.88% against the benchmark's -1.30%. Over the year-to-date, the stock has seen a significant decline of 31.99%, while the Sensex has gained 6.62%. This stark contrast highlights the stock's struggles relative to the market. Overall, while there is some positive movement in terms of increased investor participation, the overall trend remains negative, compounded by the stock's recent performance and its proximity to a 52-week low.