Why is Resgen falling/rising?

As of 15-Oct, Resgen Ltd's stock price is currently at 81.50, reflecting a decline of 1.12, or 1.36%. The stock has been underperforming, having fallen consecutively for the last five days, with a total return of -5.66% over that period. Today's performance indicates that the stock has underperformed its sector by 2.83%. Additionally, it reached an intraday low of Rs 79, which represents a drop of 4.38%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a rise in investor participation, with delivery volume increasing by 22.45% against the 5-day average, the overall sentiment remains negative, and no positive factors are noted to counterbalance the stock's decline.
Broader market context shows that Resgen's performance has significantly lagged behind the benchmark, with a 1-week return of -5.66% compared to the Sensex's gain of 1.02%. Over the past month, the stock has declined by 11.41%, while the Sensex has increased by 1.00%. Year-to-date, Resgen has dropped by 30.31%, contrasting sharply with the Sensex's rise of 5.72%. This stark difference in performance highlights the challenges Resgen is facing in the current market environment, contributing to the downward pressure on its stock price.