Why is Regis Industries falling/rising?

As of 28-Oct, Regis Industries Ltd is experiencing a decline in its stock price, currently at 2.93, which reflects a decrease of 0.12 or 3.93%. The stock has been underperforming significantly, with a consecutive fall over the last four days, resulting in a total decline of 9.01% in that period. Additionally, the stock 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 delivery volume, which rose by 599.12% against the 5-day average, there are no available positive or negative factors to provide further context on the stock's recent movement.
In the broader market context, Regis Industries' performance has been notably poor compared to the benchmark, the Sensex, which has gained 0.24% over the past week. Over the last month, the stock has declined by 13.82%, while the Sensex has increased by 5.22%. Year-to-date, Regis Industries has seen a staggering drop of 72.25%, contrasting sharply with the Sensex's gain of 8.30%. This stark underperformance relative to the benchmark highlights the challenges facing Regis Industries in the current market environment.