Why is VXL Instruments falling/rising?

As of 07-Nov, VXL Instruments Ltd is experiencing a decline in its stock price, currently at Rs. 2.86, which represents a decrease of 0.11 or 3.7%. The stock has hit a new 52-week low today and has been on a downward trend, losing value for the past seven days, resulting in a total decline of 15.88% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating persistent weakness. Although there has been a notable increase in investor participation, with delivery volume rising by 148.49% against the 5-day average, the overall performance remains negative, as the stock has underperformed its sector by 3.73%.
In the broader market context, VXL Instruments' short-term performance has significantly lagged behind the benchmark, with a 1-week return of -10.63% compared to the Sensex's decline of only 0.86%. Over the past month, the stock has fallen by 13.86%, while the Sensex has gained 1.57%. This stark contrast highlights the stock's struggles relative to the broader market, as it has also underperformed year-to-date and over the past year, with declines of 45.00% and 53.87%, respectively. The lack of positive factors in the dashboard further emphasizes the challenges faced by VXL Instruments in the current market environment.