Why is Vama Industries falling/rising?

As of 02-Sep, Vama Industries Ltd is experiencing a decline in its stock price, currently at Rs 5.60, which reflects a decrease of Rs 0.03 or 0.53%. The stock has underperformed its sector by 0.37% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 0.71% during this period. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. The stock is also close to its 52-week low, being only 4.46% away from Rs 5.35. Furthermore, there has been a decrease in investor participation, with delivery volume falling by 4.31% against the 5-day average, which suggests a lack of interest from investors.
In the broader market context, Vama Industries has shown significant underperformance compared to the benchmark Sensex. Over the past week, the stock has declined by 4.27%, while the Sensex has only fallen by 0.78%. In the last month, Vama's decline of 7.13% starkly contrasts with the Sensex's slight decrease of 0.55%. Year-to-date, Vama Industries has plummeted by 37.50%, while the Sensex has gained 2.58%, highlighting a substantial divergence in performance. This persistent underperformance relative to the market may contribute to the negative sentiment surrounding the stock.