Why is Vardhman Acrylic falling/rising?

As of 06-October, Vardhman Acrylics Ltd is experiencing a decline in its stock price, currently at Rs. 40.25, which reflects a decrease of 4.16 (-9.37%). The stock has hit a new 52-week low of Rs. 37.95 today and has underperformed its sector by 8.81%. Additionally, Vardhman Acrylics 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 47.55% against the 5-day average. Over the past year, the stock has declined by 32.59%, while the benchmark Sensex has only increased by 0.25%, highlighting a stark underperformance.
In the broader market context, Vardhman Acrylics' short-term return of -9.79% over the past week contrasts sharply with the Sensex, which has gained 1.80% during the same period. This divergence suggests that the stock is not only struggling in isolation but is also failing to keep pace with the overall market performance. The high dividend yield of 3.38% may provide some support, but the overall negative sentiment and declining metrics overshadow this positive aspect. The lack of available positive or negative dashboard data further complicates the analysis of the stock's recent movements, leaving a gap in understanding the specific catalysts behind the decline.