Why is Kross Ltd falling/rising?

As of 01-Aug, Kross Ltd's stock price is currently at Rs 172.55, reflecting a decrease of Rs 3.6 or 2.04%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 3.14% during this period. Additionally, it is trading below all its moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 7.68%, while the one-month return is down 11.42%. Despite some positive indicators such as high management efficiency and strong profit growth, the stock faces challenges including poor long-term growth prospects and decreasing participation from institutional investors, which may contribute to the recent price decline.
In the broader market context, Kross Ltd's performance has significantly lagged behind the Sensex, which has only declined by 1.06% over the past week and 3.70% over the past month. The stark contrast in performance suggests that while the overall market is experiencing a mild downturn, Kross Ltd is facing more substantial challenges. The falling investor participation and the recent drop in delivery volume further highlight the stock's struggles, indicating a lack of confidence among investors compared to the broader market sentiment.