Why is Lakshya Powertec falling/rising?

As of 27-Oct, Lakshya Powertech Ltd is experiencing a decline in its stock price, currently at Rs 106.35, which reflects a decrease of Rs 6.35 or 5.63%. The stock has underperformed significantly, with a 1-week return of -3.54% and a 1-month return of -17.94%, while the benchmark Sensex has gained 0.48% and 5.32% respectively during the same periods. Additionally, the stock is trading lower than all its moving averages, indicating a bearish trend. The delivery volume has also decreased by 46.15% compared to the 5-day average, suggesting a drop in investor participation. The stock is close to its 52-week low, just 1.27% away from Rs 105.
In the broader market context, Lakshya Powertech's performance has been notably poor compared to the Sensex, which has shown a year-to-date increase of 9.82%, while Lakshya Powertech has plummeted by 67.84% in the same timeframe. This stark contrast highlights the company's struggles relative to the overall market. The lack of available positive factors further emphasizes the challenges faced by the company, contributing to the negative sentiment surrounding its stock.