Why is Richa Industries falling/rising?

As of 04-Jul, Richa Industries Ltd is experiencing a decline in its stock price, currently at 1.72, which represents a decrease of 0.04 or 2.27%. The stock has shown mixed performance in recent periods, with a 1-week return of +0.58% compared to a -0.74% decline in the Sensex, and a 1-month return of +7.50% against the benchmark's +3.01%. However, the stock has underperformed its sector today by 3.09%, and there has been a significant drop in investor participation, with delivery volume falling by 72% compared to the 5-day average. Additionally, while the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average, indicating potential weakness in momentum.
In the broader market context, Richa Industries has had a year-to-date return of -3.37%, contrasting sharply with the Sensex's +6.77% return, which suggests that the stock is lagging behind the overall market performance. The stock's long-term performance shows a stark difference as well, with a 3-year return of -35.82% compared to the Sensex's +56.73%. This underperformance may contribute to investor sentiment and the recent decline in stock price, as market participants may be wary of the stock's ability to recover in the current environment.