Why is Spenta Intl. falling/rising?

As of 09-Oct, Spenta International Ltd is experiencing a decline in its stock price, currently at Rs 103.00, which reflects a decrease of Rs 1.9 or 1.81%. The stock has been underperforming, having lost 7.87% over the last three days, and it is trading below all key moving averages, indicating a bearish trend. Additionally, the stock's performance over various periods shows significant underperformance compared to the benchmark, with a year-to-date decline of 35.22% against a 5.16% increase in the Sensex. The delivery volume has also dropped significantly, down 70.17% compared to the 5-day average, suggesting a lack of investor interest.
Broader market context indicates that while the Sensex has gained 1.47% over the past week, Spenta International Ltd has fallen by 2.83%, highlighting a stark contrast in performance. This divergence suggests that broader market conditions are favorable, yet the company is struggling to attract investment. The stock's liquidity remains adequate for trading, but the consistent decline and falling investor participation could be contributing to a negative sentiment surrounding the stock, further exacerbating its price drop.