Why is Vivo Bio Tech falling/rising?

As of 19-Nov, Vivo Bio Tech Ltd. is experiencing a slight decline in its stock price, currently at Rs. 31.95, which reflects a decrease of -0.02 (-0.06%). The stock has been underperforming recently, having hit a new 52-week low of Rs. 30.99 today. Over the past week, it has fallen by -8.08%, and its performance has been consistently negative, with returns of -12.73% over the last month and -14.30% year-to-date. Additionally, the stock has been trading below its moving averages across various time frames, indicating a bearish trend. There has also been a significant drop in investor participation, with delivery volume decreasing by -41.97% compared to the 5-day average, suggesting reduced interest in the stock.
In the broader market context, the Sensex has shown a positive return of +0.85% over the past week, contrasting sharply with Vivo Bio Tech's decline. This underperformance is further highlighted by the company's returns over longer periods, where it has lagged behind the benchmark, with a -20.09% return over the past year compared to the Sensex's +9.81%. The overall liquidity of the stock remains adequate for trading, but the persistent downward movement and lack of positive factors suggest a challenging environment for Vivo Bio Tech in the current market landscape.