Why is VXL Instruments falling/rising?

As of 03-Nov, VXL Instruments Ltd is experiencing a decline in its stock price, currently at Rs 3.10, which reflects a decrease of Rs 0.1 or 3.13%. The stock has been underperforming significantly, having fallen consecutively for the last four days, resulting in a total decline of 8.82% during this period. Additionally, it is trading below all key moving averages, indicating a bearish trend. The stock is also close to its 52-week low, being only 4.84% away from Rs 2.95. Furthermore, there has been a notable drop in investor participation, with delivery volume decreasing by 82.89% compared to the five-day average, suggesting a lack of interest from investors.
In the broader market context, VXL Instruments' performance over the past week shows a decline of 4.32%, while the benchmark Sensex has only decreased by 0.94%, highlighting a significant underperformance relative to the market. Over the past month, VXL Instruments has dropped 6.06%, contrasting sharply with the Sensex's gain of 3.41%. Year-to-date, the stock has plummeted by 40.38%, while the Sensex has risen by 7.47%. This stark difference in performance indicates that VXL Instruments is facing considerable challenges compared to the overall market, contributing to its declining stock price.