Why is Kesar Enterprise falling/rising?

As of 11-Nov, Kesar Enterprises Ltd is experiencing a decline in its stock price, currently at 8.01, which reflects a decrease of 0.24 or 2.91%. The stock has been underperforming, having lost 6.21% over the last two days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has shown significant underperformance against its sector by 1.79%. Over the past week, Kesar Enterprises has dropped by 11.10%, and year-to-date, it has decreased by 39.84%, indicating a persistent downward trend without any available positive factors to counterbalance this decline.
In the broader market context, while Kesar Enterprises has been struggling, the benchmark Sensex has shown a slight increase of 0.49% over the past week and a gain of 7.34% year-to-date. This stark contrast highlights the stock's significant underperformance relative to the market. The falling investor participation, indicated by a 45.97% drop in delivery volume compared to the 5-day average, further suggests a lack of confidence among investors, contributing to the stock's downward trajectory.