Why is Siddha Ventures falling/rising?

As of 19-Sep, Siddha Ventures Ltd is currently priced at 6.16, showing no change (0.00%). The stock has been trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 42.39% compared to the 5-day average. Over the past year, the stock has generated a return of -37.78%, and its profits have plummeted by 2495%, reflecting weak long-term fundamental strength and operating losses. The majority shareholders are non-institutional, which may contribute to the stock's volatility and perception as a risky investment.
In the broader market context, the stock's performance has been notably poor compared to the benchmark, with a 1-week return of -6.38% against the Sensex's gain of +0.88%. This underperformance is consistent with the stock's long-term trend, where it has lagged behind the BSE500 over the past three years, one year, and three months. The overall market has shown resilience, with the Sensex up by 5.74% year-to-date, contrasting sharply with Siddha Ventures' staggering decline of 50.96% in the same period. This disparity highlights the challenges faced by Siddha Ventures in attracting investor confidence amidst a generally positive market environment.