Why is New Light Indust falling/rising?

As of 23-Oct, New Light Industries Ltd is experiencing a decline in its stock price, currently at 1.64, which reflects a decrease of 0.02 or 1.2%. The stock has been underperforming significantly, having fallen consecutively for the last eight days, resulting in a total return of -27.75% during this period. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock's performance over the past week shows a substantial decline of 12.30%, while its one-year return is notably poor at -82.25%. There is also a marked decrease in investor participation, with delivery volume falling by 27.97% compared to the 5-day average, indicating reduced interest in trading the stock.
In the broader market context, the Sensex has shown a positive return of 1.30% over the past week and 2.99% over the past month, contrasting sharply with New Light Industries' negative performance. This divergence highlights the stock's struggles relative to the overall market, suggesting that external market conditions are not favoring the company. The lack of available positive factors further emphasizes the challenges faced by New Light Industries Ltd, as it continues to lag behind both its sector and the broader market.