Why is Tanvi Foods falling/rising?

As of 26-Aug, Tanvi Foods (India) Ltd is experiencing a decline in its stock price, currently at Rs. 80.01, which represents a decrease of Rs. 7.99 or 9.08%. The stock has hit a new 52-week low today and has been on a downward trend, having fallen for the last three days with a total return of -11.3% during this period. It opened with a loss of 2.27% and reached an intraday low of Rs. 80.01. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 16.67% compared to the 5-day average, suggesting a lack of confidence among investors.
In the broader market context, Tanvi Foods has underperformed significantly compared to the Sensex, which has only declined by 1.05% over the past week. Year-to-date, the stock has plummeted by 49.68%, while the Sensex has gained 3.39%. This stark contrast highlights the challenges faced by Tanvi Foods in the current market environment. The stock's performance has been erratic, with trading activity disrupted on one day out of the last 20, further contributing to its liquidity issues. Overall, the combination of poor stock performance, declining investor interest, and unfavorable comparisons to the benchmark index underscores the reasons for the stock's recent decline.