Why is Vinyoflex falling/rising?

As of 18-Nov, Vinyoflex Ltd's stock price is currently at Rs 55.20, reflecting a decrease of Rs 1.47 or 2.59%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 7.46%. It is also trading close to its 52-week low, just 1.27% above Rs 54.5. Additionally, Vinyoflex is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a notable increase in investor participation, with delivery volume rising by 373.5% against the 5-day average, the overall performance remains weak compared to the sector.
In the broader market context, Vinyoflex's recent performance has been disappointing, with a 1-week return of -3.66% compared to a positive return of +0.96% for the Sensex. Over the past month, the stock has declined by 2.51%, while the benchmark has increased by 0.86%. Year-to-date, Vinyoflex has seen a significant drop of 29.05%, contrasting sharply with the Sensex's gain of 8.36%. This underperformance against the benchmark highlights the challenges Vinyoflex is facing in the current market environment.