Why is Vinayak Polycon falling/rising?

As of 07-Nov, Vinayak Polycon International Ltd is experiencing a decline in its stock price, currently at Rs 25.90, which represents a decrease of 1.36 or 4.99%. The stock has underperformed its sector by 4.87% today, with an intraday high of Rs 28.55 and a low of Rs 25.90. Over the past week, the stock has dropped by 4.99%, and it has shown a significant decline of 14.52% over the past month. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. Notably, investor participation has decreased sharply, with delivery volume falling by 97.64% compared to the 5-day average, suggesting a lack of confidence among investors.
Broader market context shows that while the Sensex has only declined by 0.86% over the past week, Vinayak Polycon's performance has been considerably worse, reflecting its ongoing struggles. Year-to-date, the stock has plummeted by 35.92%, contrasting sharply with the Sensex's gain of 6.50%. This divergence indicates that the company's challenges are more pronounced than the broader market trends, which may be contributing to the stock's downward movement. Overall, the combination of poor trading performance, reduced investor interest, and significant underperformance relative to the benchmark suggests a challenging environment for Vinayak Polycon International Ltd.