Why is Visaka Industrie falling/rising?

As of 10-Nov, Visaka Industries Ltd is experiencing a decline in its stock price, currently at Rs 78.80, which reflects a decrease of Rs 1.09 or 1.36%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 3.28% during this period. Although it opened with a gain of 2.02% today and reached an intraday high of Rs 81.56, the overall performance has been weak, with a 1-week return of -2.57% and a year-to-date decline of -11.02%. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 60.62% compared to the 5-day average, indicating reduced interest in the stock.
In the broader market context, the Sensex has shown resilience with a slight increase of 0.53% over the past week, contrasting sharply with Visaka Industries' negative performance. The stock's returns over the past month and year are also notably lower than the benchmark, with a 1-month decline of 5.89% compared to a 1.25% gain in the Sensex, and a year-over-year drop of 21.36% against a 5.09% increase in the benchmark. This underperformance suggests that while the broader market is experiencing growth, Visaka Industries is struggling to attract investor confidence, contributing to its declining stock price.