Why is Varyaa Creations falling/rising?

As of 15-Sep, Varyaa Creations Ltd is currently priced at Rs 38.29, showing no change (0.00%). The stock has experienced a significant decline, with a year-to-date drop of 56.06% and a one-year decrease of 53.57%. In today's trading, the stock is 4.94% away from its 52-week low of Rs 36.4. Although it has outperformed its sector by 0.97%, it is trading below all its moving averages (5-day, 20-day, 50-day, 100-day, and 200-day). Additionally, there has been erratic trading, as the stock did not trade on 2 out of the last 20 days. However, there is a positive note with rising investor participation, as the delivery volume increased by 19.05% against the 5-day average.
In the broader market context, Varyaa Creations has underperformed compared to the Sensex, which has gained 1.24% over the past week and 1.47% over the past month. The stark contrast in performance is evident, with Varyaa Creations' one-month return at -7.71% compared to the Sensex's positive return. This suggests that while the overall market is experiencing gains, Varyaa Creations is struggling significantly, reflecting investor concerns and the company's ongoing challenges.