Why is Vinyoflex falling/rising?

As of 06-Nov, Vinyoflex Ltd's stock price is currently at Rs 56.01, reflecting a decrease of Rs 1.59 or 2.76%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 6.18% during this period. It is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 1.7% away from Rs 55.06. Despite a slight increase in delivery volume, which rose by 9.07% against the 5-day average, the overall performance remains weak, with a year-to-date decline of 28.01% compared to a 6.62% rise in the benchmark index.
In the broader market context, Vinyoflex's short-term performance has been notably poor, with a 1-week return of -4.08%, significantly underperforming the Sensex, which declined by only 1.30% during the same period. This stark contrast highlights the stock's struggles relative to the market. Furthermore, over the past month, Vinyoflex has experienced a decline of 10.63%, while the Sensex has gained 1.86%, further emphasizing the stock's difficulties in attracting investor confidence amidst a generally more favorable market environment.