Why is Sharp Investment falling/rising?

As of 17-Nov, Sharp Investments Ltd is experiencing a decline in its stock price, currently at Rs. 0.48, which reflects a decrease of Rs. 0.04 or 7.69%. The stock has hit a new 52-week low of Rs. 0.47 today and has underperformed its sector by 8.11%. Over the past three days, the stock has consistently fallen, resulting in a significant 18.64% drop in returns. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock's performance over various periods shows a year-to-date decline of 39.24% and a one-year decline of 40.00%, indicating a troubling trend for investors. Although there has been a notable increase in delivery volume, rising by 739.75% against the 5-day average, the overall sentiment remains negative.
In the broader market context, the Sensex has shown resilience with a 1.69% increase over the past week, contrasting sharply with Sharp Investments' 18.64% decline. This divergence highlights the stock's underperformance relative to the benchmark, suggesting that investor confidence in Sharp Investments is waning. The broader market's positive movement, coupled with the company's significant losses, indicates that external factors are favoring other investments while Sharp Investments struggles to regain traction. The lack of available positive factors further emphasizes the challenges the company faces in improving its stock performance amidst a generally favorable market environment.