Why is Kesoram Inds. falling/rising?

As of 29-Sep, Kesoram Industries Ltd's stock price is currently at 5.49, reflecting a decrease of 0.28, or 4.85%. The stock has been underperforming, having fallen for three consecutive days, resulting in a total decline of 9.41% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also significantly decreased, with a 76% drop compared to the 5-day average, suggesting a decline in investor participation. Year-to-date, the stock has plummeted by 97.48%, while over the past year, it has seen a similar decline of 97.56%, indicating persistent weakness without any available positive factors to counterbalance these trends.
In the broader market context, Kesoram Industries' short-term performance has been notably worse than the benchmark Sensex, which has only declined by 2.18% over the past week compared to Kesoram's 9.70% drop. This stark contrast highlights the stock's significant underperformance relative to the market. While the Sensex has shown a modest gain of 0.70% over the past month, Kesoram's stock has increased by 5.98%, but this is overshadowed by its drastic year-to-date and yearly declines. Overall, the combination of poor recent performance, declining investor interest, and a lack of positive developments contributes to the stock's ongoing downward trajectory.