Why is Keerthi Indus falling/rising?

As of 06-Oct, Keerthi Industries Ltd is experiencing a decline in its stock price, currently at Rs 70.45, which reflects a decrease of Rs 1.54 or 2.14%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 5.73%. Additionally, it has underperformed its sector by 2.22% today. The stock has touched an intraday low of Rs 66.6, indicating a significant drop of 7.49%. Furthermore, it is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Notably, investor participation has decreased sharply, with delivery volume falling by 93.35% compared to the 5-day average, suggesting a lack of confidence among investors.
In the broader market context, Keerthi Industries has shown negative returns over various periods, including a year-to-date decline of 19.94% and a staggering 43.98% drop over the past year, while the benchmark Sensex has gained 4.67% year-to-date. In the short term, the stock's performance over the past week has been particularly poor, with a decline of 3.36% compared to a 1.77% increase in the Sensex. This stark contrast highlights the stock's struggle against the broader market trends, further contributing to its downward trajectory.