Why is Vikas Wsp falling/rising?

As of 01-Sep, Vikas Wsp Ltd is experiencing a decline in its stock price, currently at Rs. 1.22, which represents a decrease of 0.06 or 4.69%. The stock has hit a new 52-week low today and has been on a downward trend, having fallen consecutively for the last five days, resulting in a total decline of 8.96% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has also seen a significant drop, falling by 56.8% compared to the 5-day average, indicating reduced investor participation. Over the past year, the stock has underperformed significantly, with a 27.38% decline compared to a minor 2.43% drop in the benchmark index.
In the broader market context, Vikas Wsp's short-term performance has been notably worse than the benchmark, with a 1-week return of -7.58% compared to the Sensex's -1.56%. This stark contrast highlights the stock's struggles relative to the overall market. Furthermore, over the past month, Vikas Wsp has declined by 10.95%, while the Sensex has remained relatively stable with only a 0.29% decrease. The significant underperformance against the benchmark and the lack of positive factors contributing to the stock's movement suggest a challenging environment for Vikas Wsp Ltd.