Why is Looks Health falling/rising?

As of 30-Jun, Looks Health Services Ltd is experiencing a decline in its stock price, currently at 4.74, which reflects a decrease of 0.13 or 2.67%. The stock has underperformed its sector by 2.22% today and has been on a downward trend for the last two days, accumulating a total drop of 3.07%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. The delivery volume has also decreased by 11.17% compared to the 5-day average, suggesting a decline in investor participation. Over the past year, the stock has fallen by 24.16%, significantly underperforming the benchmark Sensex, which has gained 5.79% during the same period.
In the broader market context, the stock's performance over the past week shows a decline of 6.14%, while the Sensex has increased by 2.09%, highlighting a stark contrast between the company's performance and the overall market trend. The year-to-date performance also reflects a negative return of 6.88% for Looks Health, compared to a positive 7.00% for the Sensex. This underperformance may be attributed to a combination of falling investor interest and the stock's inability to maintain pace with market benchmarks, which could further erode investor confidence and contribute to the ongoing decline in its stock price.