Why is Vikas Ecotech falling/rising?

As of 18-Aug, Vikas Ecotech Ltd's stock price is currently at Rs 2.11, reflecting a decrease of Rs 0.02 or 0.94%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.09% during this period. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 2.76%, and it has experienced significant declines of 33.65% year-to-date and 44.47% over the past year, highlighting a prolonged period of underperformance. There is a slight positive note with rising investor participation, as evidenced by a 101.67% increase in delivery volume on August 14, but this has not been enough to counteract the overall negative momentum.
In the broader market context, Vikas Ecotech's recent performance contrasts sharply with the benchmark Sensex, which has gained 0.83% over the past week. While the Sensex has shown resilience, Vikas Ecotech's substantial declines over various time frames, including a staggering 79.89% drop over the last five years, further emphasize its struggles in comparison to the overall market. This divergence suggests that investor sentiment towards Vikas Ecotech remains weak, contributing to its falling stock price despite some signs of increased trading activity.