Why is Varyaa Creations falling/rising?

As of 21-Jul, Varyaa Creations Ltd is experiencing a decline in its stock price, currently at Rs. 41.75, which reflects a decrease of Rs. 1.25 or 2.91%. The stock has been underperforming, having hit a new 52-week low of Rs. 41.1 today and showing a consecutive fall over the last three days with a total decline of 11.55%. Additionally, the stock has significantly underperformed its sector by 3.41% today. Over the past week, the stock has decreased by 9.44%, and year-to-date, it has plummeted by 52.09%, contrasting sharply with the Sensex, which has gained 5.20% during the same period. The stock is also trading below all its moving averages, indicating a bearish trend. There is a noted increase in investor participation, with delivery volume rising by 89.66% against the 5-day average, suggesting some interest despite the overall negative performance.
In the broader market context, Varyaa Creations' recent performance has been significantly worse than the benchmark Sensex, which has only declined by 0.06% over the past week. This stark contrast highlights the stock's struggles relative to the overall market conditions. The broader market has shown resilience, while Varyaa Creations continues to face challenges, reflected in its substantial year-to-date losses and poor performance metrics. The lack of positive factors in the provided data further emphasizes the difficulties the company is encountering, contributing to the downward pressure on its stock price.