Why is Lyka Labs falling/rising?

As of 18-Nov, Lyka Labs Ltd is experiencing a decline in its stock price, currently at Rs. 82.93, which represents a decrease of Rs. 2.62 or 3.06%. The stock has hit a new 52-week low today and has been on a downward trend, losing value for the past four consecutive days, resulting in a total decline of 9.9% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Investor participation has also decreased, with delivery volume falling by 4.1% compared to the 5-day average. The stock's performance over the past week and month shows significant underperformance, with declines of 9.78% and 12.15%, respectively, compared to the Sensex, which has seen slight gains.
In the broader market context, while the Sensex has increased by 0.96% over the past week and 0.86% over the past month, Lyka Labs' performance has been notably poor, with year-to-date returns down by 47.73% against the benchmark's gain of 8.36%. This stark contrast highlights the stock's struggles relative to the overall market. The lack of positive factors in the dashboard further emphasizes the challenges faced by Lyka Labs, contributing to the negative sentiment surrounding the stock and its recent price movements.