Why is Vivid Mercantile falling/rising?

As of 28-Oct, Vivid Mercantile Ltd's stock price is currently at Rs. 5.17, reflecting a decline of Rs. 0.31 or 5.66%. The stock has hit a new 52-week low of Rs. 4.68 today and has been on a downward trend, losing value for the last four consecutive days, resulting in a total decline of 9.93% over the past week. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish sentiment. While there has been a notable increase in investor participation, with delivery volume rising by 87.74% against the 5-day average, the overall performance has underperformed the sector by 4.76%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Vivid Mercantile's short-term performance has significantly lagged behind the benchmark Sensex, which has gained 0.24% over the past week while the stock has dropped 9.93%. Over the past month, the stock has decreased by 10.71%, contrasting sharply with the Sensex's increase of 5.22%. This disparity highlights the challenges Vivid Mercantile is facing compared to the overall market, which may be contributing to the stock's decline.