Why is Orchasp Ltd falling/rising?

As of 10-Nov, Orchasp Ltd's stock price is currently at 3.24, reflecting a decrease of 0.14, or 4.14%. The stock has been on a downward trend, having underperformed its sector by 5.53% today and experiencing a consecutive fall over the last four days, resulting in an overall decline of 8.99% in the past week. Additionally, the stock's performance over various periods shows a year-to-date decline of 8.47% and a significant drop of 36.84% over the last three years, contrasting sharply with the Sensex's positive performance during the same periods. Notably, there has been a substantial decrease in investor participation, with delivery volume falling by 66.99% compared to the five-day average, indicating waning interest in the stock.
In the broader market context, Orchasp Ltd's recent performance stands in stark contrast to the Sensex, which has shown a slight decline of only 0.53% over the past week and a gain of 6.91% year-to-date. This disparity highlights the stock's underperformance relative to the benchmark, suggesting that broader market conditions may not be the primary driver of its decline. The stock's moving averages indicate it is currently lower than the 5-day and 20-day moving averages, further emphasizing its recent struggles. Overall, the combination of declining investor interest and poor short-term returns relative to the benchmark contributes to the stock's current downward trajectory.