Why is Vishwaraj Sugar falling/rising?

As of 04-Nov, Vishwaraj Sugar Industries Ltd is experiencing a decline in its stock price, currently at 7.88, down by 0.06 or 0.76%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 1.87% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 5.43% compared to the 5-day average, suggesting a drop in investor participation. Over the longer term, the stock has significantly underperformed against the benchmark, with year-to-date returns down by 46.97% compared to a 6.81% increase in the Sensex.
In the broader market context, while the Sensex has shown a positive return of 2.77% over the past month, Vishwaraj Sugar's performance has been negative, with a decline of 2.35% during the same period. This stark contrast highlights the stock's struggles relative to the overall market. The company's significant underperformance over the past year and three years, with declines of 53.67% and 53.37% respectively, further emphasizes the challenges it faces in regaining investor confidence. Overall, the combination of declining stock performance, reduced trading activity, and poor relative returns against the benchmark suggests a challenging environment for Vishwaraj Sugar Industries Ltd.