Why is Looks Health falling/rising?

As of 12-Nov, Looks Health Services Ltd is experiencing a decline in its stock price, currently at 4.80, reflecting a significant decrease of 3.88 points or 44.7%. The stock has shown erratic trading patterns, having not traded on 4 out of the last 20 days. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 40.88% compared to the 5-day average, suggesting falling investor participation. Year-to-date, the stock is down 5.70%, and over the past year, it has decreased by 6.80%, contrasting sharply with the Sensex, which has risen by 8.10% during the same period.
In the broader market context, the stock's performance has been notably weaker than the benchmark, particularly in the short term, as it has not provided returns over the last week or month, while the Sensex has gained 1.21% and 2.38%, respectively. Over the past three years, Looks Health has declined by 35.74%, while the Sensex has increased by 36.69%, highlighting a significant underperformance. The lack of available positive or negative factors further complicates the outlook for the stock, as there are no specific catalysts identified that could reverse its current downward trajectory.