Why is Vaarad Ventures falling/rising?

As of 01-October, Vaarad Ventures Ltd is experiencing a decline in its stock price, currently at Rs. 9.00, which represents a decrease of Rs. 0.61 or 6.35%. The stock has hit a new 52-week low of Rs. 8.5 today and has underperformed its sector by 7.65%. Additionally, Vaarad Ventures is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has also seen a significant drop in investor participation, with delivery volume falling by 96.92% compared to the 5-day average. Over the past month, the stock has decreased by 26.83%, while its year-to-date performance shows a decline of 33.58%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.
In the broader market context, Vaarad Ventures' short-term performance has been notably poor compared to the benchmark Sensex, which has only declined by 0.90% over the past week. This stark contrast highlights the stock's underperformance, especially given its substantial drop in value over the past month and year. While the Sensex has shown a slight increase of 0.77% over the last month and a positive return of 3.64% year-to-date, Vaarad Ventures has struggled significantly, indicating that broader market conditions are not favoring this particular stock at this time.