Why is Kross Ltd falling/rising?

As of 05-Aug, Kross Ltd is experiencing a decline in its stock price, currently at Rs 171.05, which reflects a decrease of Rs 3.5 or 2.01%. Today's price summary indicates that the stock has underperformed its sector by 2.09%, with an intraday low of Rs 170.6, marking a drop of 2.26%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 17.54% compared to the 5-day average. The stock's performance over the past week shows a decline of 3.99%, and it has dropped 12.06% over the past month, indicating ongoing weakness.
In the broader market context, Kross Ltd's performance contrasts sharply with the Sensex, which has only declined by 0.77% over the past week. Year-to-date, Kross Ltd has fallen significantly by 19.69%, while the Sensex has gained 3.29%. This stark difference highlights the stock's underperformance relative to the market. The lack of available positive or negative factors further complicates the outlook, as there are no specific catalysts identified that could influence a turnaround in the stock's fortunes. Overall, the combination of poor recent performance, declining investor interest, and a significant gap compared to the benchmark suggests a challenging environment for Kross Ltd.