Why is Kenrik Indust. falling/rising?

As of 24-Jun, Kenrik Industries Ltd is experiencing a decline in its stock price, currently at Rs 17.00, which represents a decrease of 0.1 or 0.58%. The stock has been underperforming, having fallen consecutively for the last two days with a total return of -5.56% during this period. Additionally, it is trading below all key moving averages, indicating a bearish trend. The stock is also close to its 52-week low, being only 2.65% away from Rs 16.55. In terms of performance against the benchmark, the stock has seen a significant drop of -29.98% over the past month, while the Sensex has only increased by 0.41%. There is a notable rise in investor participation, with delivery volume on June 23 increasing by 1733.33% compared to the 5-day average, suggesting some interest despite the overall negative performance.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 0.58% over the past week. This indicates that while the market is generally stable or improving, Kenrik Industries Ltd is struggling significantly. The company's poor returns over the past week and month highlight a lack of investor confidence, which is further compounded by its underperformance relative to the sector. The absence of any positive factors in the dashboard suggests that there are no mitigating circumstances to offset the negative sentiment surrounding the stock, reinforcing the downward trend observed in its price movement.