Why is Resgen falling/rising?

As of 30-Jun, Resgen Ltd's stock price is currently at 79.75, reflecting a decrease of 2.32, or 2.83%. The stock has been underperforming, having fallen for the last three days with a total decline of 7.27% during this period. Today's trading saw the stock touch an intraday low of Rs 78.07, indicating a significant drop of 4.87%. Additionally, Resgen is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. While there has been a rise in investor participation, with a 50.49% increase in delivery volume on June 27, the overall sentiment appears negative, as there is no available information on positive or negative factors impacting the stock.
In the broader market context, Resgen's short-term performance has been notably poor compared to the benchmark, with a 1-week return of -3.92% against the Sensex's gain of +2.09%. Year-to-date, Resgen has seen a significant decline of 31.81%, contrasting sharply with the Sensex's increase of 7.00%. This underperformance highlights the challenges faced by Resgen in the current market environment, further exacerbated by its recent price movements and the overall negative sentiment surrounding the stock.