Why is Spectrum Foods falling/rising?

As of 07-Nov, Spectrum Foods Ltd is experiencing a decline in its stock price, currently at Rs 17.51, which represents a decrease of Rs 0.64 or 3.53%. The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, just 0.64% away from Rs 17.1. Over the past week, the stock has underperformed its sector by 4.78%, and its year-to-date performance shows a significant decline of 39.33%, contrasting sharply with the Sensex's gain of 6.50%. There has also been a decrease in investor participation, with delivery volume falling by 2.01% compared to the 5-day average.
In the broader market context, the stock's short-term performance over the past week shows a decline of 5.09%, while the Sensex has only decreased by 0.86%. This indicates that Spectrum Foods is not only underperforming relative to the market but is also facing significant challenges that are impacting investor confidence. The lack of positive factors in the provided data further suggests that there are no immediate catalysts to reverse the current downward trend, contributing to the overall negative sentiment surrounding the stock.