Why is Onyx Biotec falling/rising?

As of 19-Sep, Onyx Biotec Ltd's stock price is currently at Rs. 45.25, reflecting a decrease of Rs. 0.5, or 1.09%. The stock has recently hit a new 52-week low of Rs. 44.55 and is underperforming its sector by 1.36%. Additionally, Onyx Biotec is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has declined by 6.12%, and year-to-date, it has fallen by 23.95%, contrasting sharply with the Sensex, which has gained 7.11% during the same period. Although there has been a significant increase in investor participation, with delivery volume rising by 1400% against the 5-day average, the overall performance remains weak.
Broader market context shows that while the Sensex has experienced a positive return of 0.85% over the past week, Onyx Biotec's performance has been notably negative. This divergence suggests that the stock is not only struggling against its own historical performance but also failing to keep pace with broader market trends. The lack of available positive or negative factors further complicates the outlook, as there are no specific catalysts mentioned that could potentially reverse the current downward trajectory.