Why is UTL Industries falling/rising?

As of 15-Oct, UTL Industries Ltd's stock price is currently at Rs. 1.29, reflecting a decline of Rs. 0.07 or 5.15%. The stock has recently hit a new 52-week low and has been underperforming its sector by 6.92%. Over the past two days, the stock has experienced consecutive falls, with a total decline of 7.19%. Additionally, UTL Industries is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Investor participation has also decreased significantly, with a delivery volume drop of 41.73% compared to the 5-day average, suggesting waning interest in the stock.
In the broader market context, UTL Industries' performance has been notably poor compared to the benchmark Sensex, which has gained 1.02% over the past week while UTL Industries has lost 7.19%. Year-to-date, the stock has plummeted by 54.74%, contrasting sharply with the Sensex's gain of 5.72%. This significant underperformance highlights the challenges UTL Industries is facing in attracting investor confidence and maintaining liquidity, as evidenced by its low trading volume and substantial declines over various time frames.