Why is Tavernier Res. falling/rising?

As of 27-Oct, Tavernier Resources Ltd is experiencing a decline in its stock price, currently at Rs 46.39, which represents a decrease of 2.44 or 5.0%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 10.74% during this period. Today's trading opened with a loss of 2.99%, and the stock reached an intraday low of Rs 46.39. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has also underperformed its sector by 5.18%. While there was a slight increase in delivery volume, the overall sentiment appears negative, contributing to the stock's recent decline.
In the broader market context, Tavernier Resources Ltd has significantly underperformed compared to the Sensex, which has shown a positive return of 0.49% over the past week and 5.41% over the past month. The stock's performance over the last week is down 8.14%, contrasting sharply with the benchmark's gains. This disparity highlights the challenges faced by Tavernier Resources Ltd in attracting investor confidence amidst a generally positive market environment. The lack of available positive factors further exacerbates the stock's struggles, as there are no indications of favorable developments that could reverse its current downward trajectory.