Why is Kobo Biotech falling/rising?

As of 12-Sep, Kobo Biotech Ltd's stock price is currently at Rs 2.25, showing no change (0.00%). The stock has underperformed in recent periods, with a 1-week decline of 1.75% and a 1-month decline of 7.41%. It is also 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 2.67% away from Rs 2.19. Investor participation has decreased significantly, with delivery volume falling by 33.52% compared to the 5-day average, suggesting a lack of interest among investors.
Broader Market Context: In contrast to Kobo Biotech's performance, the Sensex has shown positive returns, gaining 1.48% over the past week and 2.08% over the past month. This stark difference highlights the stock's underperformance relative to the broader market, where the benchmark has increased while Kobo Biotech has declined. Over the past year, Kobo Biotech has dropped 23.99%, while the Sensex has only fallen by 1.28%. This divergence indicates that external market conditions are favoring other sectors, further contributing to the challenges faced by Kobo Biotech.