Why is Vikas Ecotech falling/rising?

As of 26-Aug, Vikas Ecotech Ltd's stock price is currently at Rs 2.10, reflecting a decrease of Rs 0.04 or 1.87%. The stock has been experiencing a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 4.98% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. The stock is also close to its 52-week low, being only 1.43% away from Rs 2.07. Furthermore, there has been a notable decline in investor participation, with delivery volume dropping by 30.05% compared to the 5-day average, which suggests reduced interest among investors.
In the broader market context, Vikas Ecotech's performance over the past week shows a slight increase of 0.96%, contrasting with the Sensex, which has declined by 1.05%. However, over the longer term, the stock has significantly underperformed, with a year-to-date decline of 33.96% compared to a 3.39% increase in the Sensex. This stark difference highlights the challenges faced by Vikas Ecotech in attracting investor confidence relative to the broader market. Overall, the combination of declining stock performance, reduced trading volume, and underperformance compared to the benchmark indicates a challenging environment for Vikas Ecotech Ltd.