Why is Vaarad Ventures falling/rising?

As of 17-Sep, Vaarad Ventures Ltd is experiencing a decline in its stock price, currently at 9.66, reflecting a decrease of 0.49 or 4.83%. The stock has underperformed its sector by 5.36% today and has fallen after two consecutive days of gains. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also dropped significantly, with a 59.58% decrease compared to the 5-day average, suggesting a reduction in investor participation. Over the past month, the stock has declined by 16.36%, and year-to-date it has fallen by 28.71%, highlighting a consistent downward trajectory.
In the broader market context, the Sensex has shown a positive return of 1.56% over the past week and 2.60% over the past month, contrasting sharply with Vaarad Ventures' negative performance. This disparity indicates that while the overall market is gaining, Vaarad Ventures is struggling significantly, as evidenced by its year-to-date decline compared to the Sensex's gain of 5.83%. The stock's long-term performance also reflects a stark contrast, with a 43.01% decline over three years against the Sensex's 40.54% increase, further emphasizing the challenges faced by Vaarad Ventures in the current market environment.