Why is Variman Global falling/rising?

As of 24-Oct, Variman Global Enterprises Ltd is experiencing a decline in its stock price, currently at 9.84, reflecting a decrease of 0.51 or 4.93%. The stock has underperformed its sector by 4.65% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 9.64% in that period. Additionally, the stock has shown significant underperformance over various time frames, with a year-to-date decline of 20.77% and a staggering 39.74% drop over the past year. It is also trading below all key moving averages, indicating a bearish trend. While there has been a notable increase in investor participation, with delivery volume rising by 106.2% against the five-day average, this has not been sufficient to counteract the negative price movement.
In the broader market context, Variman Global's performance has been significantly weaker compared to the Sensex, which has gained 0.31% over the past week while Variman has dropped 11.51%. Over the past month, the stock has decreased by 8.21%, contrasting with the Sensex's increase of 3.05%. This stark difference highlights the stock's struggles relative to the overall market. The lack of available positive or negative dashboard data further complicates the analysis of specific factors influencing the stock's recent performance, but the prevailing trends suggest a challenging environment for Variman Global Enterprises Ltd.