Why is Uravi Defence & falling/rising?

As of 07-Nov, Uravi Defence & Technology Ltd is currently priced at 219.60, reflecting an increase of 0.45 or 0.21%. The stock has recently experienced a trend reversal, gaining after two consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Additionally, the stock hit a new 52-week low of Rs.218 today, and there has been a decrease in investor participation, with delivery volume falling by 8.12% compared to the 5-day average. The stock has underperformed significantly over the longer term, with a year-to-date decline of 47.46% and a one-year decline of 55.00%, while the benchmark Sensex has shown positive returns.
In the broader market context, Uravi Defence's short-term performance over the past week shows a decline of 7.28%, contrasting sharply with the Sensex, which has only decreased by 0.86%. This underperformance highlights the stock's struggles relative to the market. Despite today's slight uptick, the overall trend remains negative, as indicated by the substantial losses over the past month and year. The lack of positive factors in the dashboard further emphasizes the challenges faced by the company, contributing to its ongoing volatility in the market.