Why is Resgen falling/rising?

As of 18-Sep, Resgen Ltd's stock price is currently at 93.00, reflecting a decrease of 1.5, or 1.59%. The stock has underperformed its sector today by 1.4% and has experienced a trend reversal after six consecutive days of gains, touching an intraday low of Rs 91, which is a decline of 3.7%. Despite this drop, Resgen is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a return of 4.90%, while its performance over the last month is a notable increase of 15.64%. However, year-to-date, the stock has declined by 20.48%, and over the past year, it has fallen by 41.34%. There is a noted decrease in investor participation, with delivery volume down by 4.88% compared to the 5-day average, indicating a potential lack of confidence among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.80% over the past week and 2.14% over the past month, Resgen's recent performance indicates a significant underperformance in the short term. The broader market has shown resilience, with the Sensex up 6.24% year-to-date, contrasting sharply with Resgen's negative returns. This disparity suggests that while the overall market is experiencing growth, Resgen is struggling to maintain momentum, which may be contributing to its current price decline.