Why is Vipul Ltd falling/rising?

As of 30-Oct, Vipul Ltd's stock price is currently at 7.96, reflecting a decrease of 0.12, or 1.49%. The stock has been underperforming, having fallen for the last three days, resulting in a total decline of 2.69% during this period. Additionally, it is trading below all key moving averages, indicating a bearish trend. The stock is also close to its 52-week low, just 3.27% above the low of Rs 7.7. Over the past month, Vipul Ltd has experienced a significant decline of 15.14%, while the benchmark Sensex has gained 5.15%. There is a noted decrease in investor participation, with delivery volume dropping by 20.27% compared to the five-day average, suggesting reduced interest in the stock.
In the broader market context, Vipul Ltd's recent performance contrasts sharply with the Sensex, which has shown resilience with a positive return of 5.15% over the past month. The stock's year-to-date decline of 66.47% further highlights its struggles compared to the benchmark's 8.02% gain. This stark difference in performance underscores the challenges Vipul Ltd faces in attracting investor confidence and maintaining liquidity, as evidenced by its current trading conditions. Overall, the combination of negative price movements, declining investor interest, and poor relative performance against the benchmark contributes to the stock's downward trajectory.