Why is Kenrik Indust. falling/rising?

As of 23-Jun, Kenrik Industries Ltd is experiencing a decline in its stock price, currently at Rs 17.10, which reflects a decrease of Rs 0.9 or 5.0%. The stock has underperformed significantly, with a 1-week return of -7.57% and a 1-month return of -29.57%, while the Sensex has shown a slight increase of 0.12% over the same week and 0.22% over the month. Additionally, the stock is trading below all key moving averages, indicating a bearish trend. The delivery volume has also fallen sharply, down by 50% compared to the 5-day average, suggesting a decrease in investor participation. There are no positive factors available to counterbalance these negative indicators.
Broader Market Context: In the context of the broader market, Kenrik Industries Ltd's performance contrasts sharply with the Sensex, which has gained 4.81% year-to-date and 6.07% over the past year. This underperformance highlights the stock's struggles relative to the overall market, as it is close to its 52-week low, just 3.22% away from Rs 16.55. The significant drop in stock price and the lack of positive factors indicate that investor sentiment is weak, further contributing to the stock's decline amidst a generally stable market environment.