Why is Virtuoso Optoel. falling/rising?

As of 03-Jul, Virtuoso Optoelectronics Ltd is experiencing a decline in its stock price, currently at Rs 486.00, which reflects a decrease of Rs 9.0 or 1.82%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 4.27% during this period. Additionally, the stock's performance today has underperformed its sector by 1.75%. In terms of returns, the stock has shown a negative trend over the year-to-date, with a decline of 8.59%, despite a strong performance over the past year with a gain of 65.45%. Notably, investor participation has decreased significantly, with delivery volume dropping by 64.23% compared to the five-day average, indicating reduced interest among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 6.53% year-to-date, Virtuoso Optoelectronics Ltd's performance has been notably weaker, highlighting a divergence between the stock and the broader market. Over the past week, the stock has declined by 3.19%, while the Sensex has only fallen by 0.62%, further emphasizing the stock's underperformance. The stock's moving averages indicate that it is currently higher than the 20-day moving average but lower than the 5-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the short term. Overall, the combination of declining investor interest and underperformance relative to the market has contributed to the stock's recent downward movement.