Why is Virtuoso Optoel. falling/rising?

As of 30-Jun, Virtuoso Optoelectronics Ltd is experiencing a decline in its stock price, currently at 507.20, which reflects a decrease of 0.5 or 0.1%. The stock has underperformed its sector by 2.74% today, marking a trend reversal after six consecutive days of gains. Over the past week, the stock has shown a positive return of 4.92%, but it has declined by 4.11% over the past month. Although the stock is currently above its 5-day, 20-day, and 200-day moving averages, it remains below the 50-day and 100-day moving averages. There has been a notable increase in investor participation, with delivery volume rising by 81.21% against the 5-day average, indicating a potential interest in the stock despite its recent price drop.
Broader market context shows that while Virtuoso Optoelectronics has faced a decline in the short term, the benchmark Sensex has gained 2.09% over the past week and 2.65% over the past month. Year-to-date, the stock has underperformed the benchmark, with a decline of 4.60% compared to the Sensex's increase of 7.00%. The Consumer Durables - Electronics sector has gained by 2.64%, suggesting that the broader market is performing well, which may highlight the stock's specific challenges rather than a general market downturn. Overall, the combination of recent price movements, sector performance, and investor behavior indicates that Virtuoso Optoelectronics is facing pressures that are contributing to its current decline.