Why is UTL Industries falling/rising?

As of 24-Jul, UTL Industries Ltd is experiencing a decline in its stock price, currently at 2.49, with a change of -0.08, representing a decrease of 3.11%. The stock has been underperforming significantly, having fallen for the last six days and recording a total decline of 10.75% during this period. Additionally, UTL Industries has shown poor performance over various time frames, with a year-to-date decline of 12.63% and a staggering 76.29% drop over the past five years. The stock is trading below all key moving averages, indicating a bearish trend. While there has been a notable increase in delivery volume, rising by 223.67% against the five-day average, the overall sentiment remains negative, and there are no positive factors available to counterbalance the stock's recent performance.
In the broader market context, UTL Industries' short-term performance has been significantly worse than the benchmark, with a one-week return of -10.11% compared to a minimal decline of 0.09% in the Sensex. This stark contrast highlights the stock's struggle relative to the market. Furthermore, the year-to-date performance shows UTL Industries lagging behind the Sensex, which has gained 5.18% during the same period. The persistent decline in UTL Industries' stock price, coupled with its underperformance against the benchmark, suggests a lack of investor confidence and broader market support for the company.