Why is Neil Industries falling/rising?

As of 24-Jun, Neil Industries Ltd is experiencing a decline in its stock price, currently at Rs 7.73, which reflects a decrease of Rs 0.2 or 2.52%. The stock has been underperforming significantly, with a consecutive fall over the last two days resulting in a total drop of 9.59%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock is also close to its 52-week low, just 1.03% away from Rs 7.65. In terms of performance against the benchmark, Neil Industries has shown a substantial decline of 40.54% year-to-date and 57.01% over the past year, while the Sensex has gained 5.01% and 6.10% respectively during the same periods. There is a notable increase in investor participation, with delivery volume rising by 96.37% against the 5-day average, which may suggest some interest despite the overall negative performance.
In the broader market context, Neil Industries' short-term performance has been significantly worse than the benchmark, with a 1-week return of -9.06% compared to the Sensex's positive return of 0.58%. This stark contrast highlights the stock's struggles relative to the market, contributing to its downward trajectory. The lack of available positive factors further emphasizes the challenges faced by the company, as it continues to lag behind both its sector and the broader market.