Why is Radhe Develop. falling/rising?

As of 07-Nov, Radhe Developers (India) Ltd is experiencing a decline in its stock price, currently at 1.99, which reflects a decrease of 0.05 or 2.45%. The stock has been underperforming, having fallen consecutively for the last two days with a total return of -5.24% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a notable increase in investor participation, with delivery volume rising by 122.37% against the 5-day average, the overall performance remains weak, as the stock has underperformed its sector by 2.59%. The year-to-date return is particularly concerning, showing a decline of 33.44%, while the stock has lost 38.77% over the past year.
In the broader market context, the Sensex has shown a positive return of 6.50% year-to-date, contrasting sharply with Radhe Developers' significant decline. Over the past week, the stock has decreased by 6.13%, while the benchmark index has only fallen by 0.86%. This stark difference highlights the stock's underperformance relative to the market. The long-term view is also unfavorable, with a staggering 75.55% decline over the past three years compared to a 36.01% increase in the Sensex. This persistent underperformance suggests that investor sentiment towards Radhe Developers remains negative, contributing to the ongoing decline in its stock price.