Why is Laxmi Dental falling/rising?

As of 12-Sep, Laxmi Dental Ltd is experiencing a decline in its stock price, currently at Rs. 307.30, which reflects a decrease of Rs. 4.7 or 1.51%. The stock has hit a new 52-week low of Rs. 302.25 today and has been on a downward trend, losing 8.06% over the past four days. It is also underperforming its sector by 2.56%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has decreased, with delivery volume falling by 1.01% against the 5-day average, suggesting a lack of confidence among investors.
In the broader market context, Laxmi Dental's performance over the past week shows a decline of 7.59%, while the benchmark Sensex has gained 1.48%. This stark contrast highlights the stock's underperformance relative to the market. Over the past month, Laxmi Dental has dropped 21.74%, while the Sensex has increased by 2.08%. The significant negative returns in both the short-term and longer-term periods indicate that the stock is struggling to attract investor interest compared to the overall market performance.