Why is Kimia Bioscien. falling/rising?

As of 16-Sep, Kimia Biosciences Ltd is experiencing a decline in its stock price, currently at Rs. 34.60, which reflects a decrease of Rs. 1.39 or 3.86%. The stock has hit a new 52-week low of Rs. 34.25 today and has underperformed its sector by 4.14%. Over the past two days, the stock has consecutively fallen, resulting in a total decline of 6.76%. Additionally, it is trading below all key moving averages, indicating a bearish trend. While there has been a rise in investor participation with a 29.76% increase in delivery volume, the overall performance remains weak, as evidenced by a significant drop of 20.20% over the past month and 34.72% over the past year.
In the broader market context, the Sensex has shown a positive return of 1.58% over the past week, contrasting sharply with Kimia Biosciences' modest gain of only 0.32% during the same period. This underperformance highlights the stock's struggles relative to the benchmark index. Furthermore, while the broader market has seen a year-to-date increase of 5.43%, Kimia's year-to-date return is a negative 24.21%, further emphasizing its challenges in attracting investor confidence compared to the overall market performance.