Why is Kisaan Parivar falling/rising?

As of 06-Aug, Kisaan Parivar Industries Ltd is experiencing a decline in its stock price, currently at Rs 24.00, which reflects a decrease of Rs 0.69 or 2.79%. The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 4.54% away from Rs 22.91. Over the past week, the stock has underperformed with a return of -7.69%, while the Sensex has only declined by -1.15%. Year-to-date, Kisaan Parivar has seen a significant drop of -59.18%, contrasting sharply with the Sensex's positive return of +3.08%. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by nearly 40% compared to the 5-day average.
In the broader market context, the performance of Kisaan Parivar Industries Ltd has been considerably weaker than the benchmark index. While the stock has faced a substantial decline over various periods, including a -17.58% drop over the past month, the Sensex has only decreased by -3.46% during the same timeframe. The solvent extraction sector, in which the company operates, has also seen a downturn, falling by -3.34%. This combination of poor stock performance, reduced investor interest, and a struggling sector contributes to the overall negative sentiment surrounding Kisaan Parivar Industries Ltd.