Why is VXL Instruments falling/rising?

As of 22-Jul, VXL Instruments Ltd is experiencing a decline in its stock price, currently at 4.51, which reflects a decrease of 0.23 or 4.85%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 9.44% during this period. Additionally, VXL Instruments is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has also underperformed its sector by 6.32%. In terms of returns, over the past week, the stock has decreased by 13.10%, while the benchmark Sensex has only dropped by 0.47%. Year-to-date, VXL Instruments has seen a decline of 13.27%, contrasting sharply with the Sensex's gain of 5.18%.
In the broader market context, the stock's significant short-term decline is notable when compared to the benchmark, which has remained relatively stable. Despite the recent downturn, there has been a rise in investor participation, with delivery volume increasing by 81.33% against the 5-day average, suggesting some interest in the stock despite its falling price. However, the lack of positive factors in the dashboard indicates that there are no immediate catalysts to reverse the current negative trend. Overall, the combination of poor recent performance, underwhelming returns compared to the benchmark, and the absence of positive developments has contributed to the stock's decline.