Why is Rajeshwari Cans falling/rising?

As of 06-Nov, Rajeshwari Cans Ltd is experiencing a decline in its stock price, currently at Rs 34.30, which represents a decrease of Rs 1.8 or 4.99%. The stock has been underperforming significantly, with a consecutive fall over the last two days resulting in a total decline of 9.74%. It is also trading close to its 52-week low, just 2.04% above Rs 33.6. The stock's performance has been poor over various time frames, showing a year-to-date decline of 89.25% compared to a 6.62% increase in the Sensex. Additionally, Rajeshwari Cans is trading below all major moving averages, indicating a bearish trend. While there has been a slight increase in investor participation, with delivery volume rising by 8.87%, the overall sentiment remains negative.
In the broader market context, Rajeshwari Cans has significantly underperformed the Sensex, which has only declined by 1.30% over the past week, while the stock itself has dropped by 9.93%. The stark contrast in performance highlights the challenges faced by Rajeshwari Cans amidst a relatively stable market. The liquidity of the stock appears sufficient for trading, but the persistent downward trend and the substantial losses over the past year suggest that investor confidence is low, contributing to the ongoing decline in its stock price.