Why is Vikas Wsp falling/rising?

As of 26-Aug, Vikas Wsp Ltd's stock price is currently at Rs. 1.30, reflecting a decrease of Rs. 0.02, or 1.52%. The stock has recently hit a new 52-week low of Rs. 1.27 and has been on a downward trend, experiencing consecutive falls over the last two days with a total decline of 2.99%. Additionally, the stock has underperformed in the past month, with a return of -9.72%, while the benchmark Sensex has only declined by 0.83%. The stock is trading below its moving averages across various time frames, indicating a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 8.14% compared to the five-day average, contributing to the stock's downward momentum.
In the broader market context, Vikas Wsp's short-term performance has been unfavorable compared to the Sensex, which has shown a decline of only 1.05% over the past week. This stark contrast highlights the stock's struggles relative to the overall market. The significant underperformance over longer periods, such as a 26.97% decline over the past year compared to the Sensex's modest drop of 1.12%, further emphasizes the challenges faced by Vikas Wsp Ltd. Overall, the combination of poor stock performance, declining investor interest, and unfavorable comparisons to the benchmark suggests a continued negative sentiment surrounding the stock.