Why is Vikas Wsp falling/rising?

As of 28-Aug, Vikas Wsp Ltd's stock price is currently at Rs. 1.29, reflecting a decrease of Rs. 0.01 or 0.77%. The stock has recently hit a new 52-week low of Rs. 1.26 and has been on a downward trend, experiencing a consecutive fall over the last three days with a total decline of 3.73%. In terms of performance against benchmarks, the stock has underperformed significantly over various periods, with a 1-year return of -25.00% compared to the Sensex's -2.08%. Additionally, Vikas Wsp is trading below all its moving averages, indicating a bearish trend. While there has been a notable increase in investor participation, with delivery volume rising by 289.72% against the 5-day average, the absence of specific positive or negative factors limits a comprehensive understanding of the stock's recent movements.
Broader market context shows that Vikas Wsp's short-term performance has been slightly better than the Sensex over the past week, with a decline of 2.27% compared to the Sensex's 2.34%. However, the stock's longer-term performance is concerning, as it has fallen significantly over the past month and year, indicating a persistent underperformance relative to the broader market. The liquidity of the stock appears adequate for trading, but the overall negative sentiment surrounding Vikas Wsp, combined with its consistent decline in price, suggests a challenging environment for recovery in the near term.