Why is Waaree Tech. falling/rising?

As of 04-Nov, Waaree Technologies Ltd is experiencing a decline in its stock price, currently at Rs 258.00, which reflects a decrease of Rs 12.15 or 4.5%. The stock has been underperforming, having lost 7.08% over the past week and 11.70% over the past month, while it has significantly underperformed the sector by 3.9% today. Additionally, the stock has been on a downward trend for the last six days, accumulating a total decline of 7.96%. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. The stock is currently 4.26% away from its 52-week low, suggesting a challenging position in the market.
In the broader market context, the Sensex has only declined by 1.38% over the past week and has gained 2.77% over the past month, contrasting sharply with Waaree Technologies' performance. Year-to-date, the stock has plummeted by 49.41%, while the Sensex has risen by 6.81%. This stark difference highlights the stock's struggles relative to the overall market. Despite a slight increase in investor participation, as indicated by a 1.06% rise in delivery volume, the overall sentiment remains negative, contributing to the stock's continued decline.