Why is Renaiss. Global falling/rising?

As of 06-Aug, Renaissance Global Ltd's stock price is currently at Rs 111.00, reflecting a decrease of Rs 4.0 or 3.48%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 5.05% during this 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. Over the past week, the stock has decreased by 1.20%, and over the past month, it has declined by 7.11%. Year-to-date, the stock has experienced a significant drop of 35.48%, contrasting with a modest gain of 3.08% in the Sensex. Notably, there is a rise in investor participation, with delivery volume increasing by 27.73% compared to the 5-day average, which may suggest some underlying interest despite the price decline.
In the broader market context, Renaissance Global's recent performance has been weaker than the benchmark Sensex, which has seen a slight decline of 1.15% over the past week and a 3.46% drop over the past month. This underperformance is further highlighted by the stock's year-to-date decline compared to the Sensex's positive return. The liquidity of the stock remains adequate, with a trading value of Rs 0.29 crore, indicating that while the stock is liquid, the overall sentiment appears negative as reflected in its price movements and relative performance against the benchmark. The absence of specific positive or negative factors in the dashboard limits a more detailed analysis of the influences on the stock's recent movement.