Why is Vakrangee falling/rising?

As of 05-Aug, Vakrangee Ltd's stock price is currently at Rs 8.93, reflecting a decrease of Rs 0.09, or 1.0%. The stock has been on a downward trend, having underperformed its sector by 0.6% today and experiencing a consecutive fall over the last eight days, resulting in a total decline of 11.5% during this period. Additionally, the stock is trading below all key moving averages, indicating a bearish sentiment. It is also close to its 52-week low, just 2.24% above Rs 8.73. Furthermore, investor participation has decreased, with delivery volume falling by 3.32% compared to the five-day average, suggesting a lack of confidence among investors.
In the broader market context, Vakrangee's performance has been significantly weaker than the benchmark Sensex, which has shown a slight decline of 0.77% over the past week, while Vakrangee has dropped by 6.00%. Over the past month, the stock has decreased by 11.58%, compared to a 3.26% decline in the Sensex. Year-to-date, Vakrangee has plummeted by 73.84%, contrasting sharply with the Sensex's gain of 3.29%. This stark difference in performance highlights the challenges faced by Vakrangee in the current market environment, contributing to its ongoing price decline.