Why is Sula Vineyards falling/rising?

As of 08-Aug, Sula Vineyards Ltd is currently priced at 263.20, reflecting a decrease of 1.9, or 0.72%. The stock has been on a downward trend, having lost value for the last eight consecutive days, resulting in a total decline of 9.86% during this period. Additionally, the stock has underperformed significantly over various time frames, with a year-to-date decline of 37.03% compared to a 2.20% increase in the Sensex. The stock is also trading below its moving averages across multiple time frames, indicating a bearish trend. While there has been a notable increase in investor participation, with delivery volume rising by 325.07% against the five-day average, the overall sentiment appears negative, and there is no information available regarding positive or negative factors that could influence the stock's movement.
In the broader market context, Sula Vineyards has experienced a much steeper decline compared to the benchmark Sensex, which has only fallen by 0.92% over the past week. The stock's performance over the last month shows a decline of 13.01%, while the Sensex has decreased by just 4.60%. This stark contrast highlights the stock's underperformance relative to the market, suggesting that investor sentiment towards Sula Vineyards is particularly weak at this time. The liquidity of the stock remains adequate for trading, but the persistent downward movement and lack of positive catalysts contribute to the overall negative outlook for Sula Vineyards Ltd.