Why is V B Desai Fin. falling/rising?

As of 11-Nov, V B Desai Financial Services Ltd is experiencing a decline in its stock price, currently at Rs 23.73, which represents a decrease of 2.45 (-9.36%). The stock has shown significant underperformance today, having opened with a gain of 5.04% but subsequently reaching a day's low of Rs 23.6, reflecting high volatility with an intraday fluctuation of 7.63%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past month, the stock has decreased by 14.49%, and it is currently only 1.18% away from its 52-week low of Rs 23.45. Notably, investor participation has fallen sharply, with delivery volume dropping by 80.13% compared to the 5-day average, suggesting a lack of confidence among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.49% over the past week, V B Desai Financial Services Ltd has declined by 2.79%, highlighting its underperformance in the short term. Over the year-to-date, the stock has decreased by 28.07%, while the Sensex has increased by 7.34%, further emphasizing the stock's struggles relative to the broader market. The significant drop in delivery volume and the stock's movement below key moving averages indicate a challenging environment for the company, which may be contributing to the negative sentiment surrounding its stock price.