Why is Waaree Tech. falling/rising?

As of 18-Nov, Waaree Technologies Ltd is experiencing a decline in its stock price, currently at Rs. 240.85, which reflects a decrease of Rs. 6.1 or 2.47%. The stock has hit a new 52-week low of Rs. 240.6 today and has been on a downward trend, having fallen consecutively for the last three days with a total return of -7.98% during this period. Additionally, the stock has underperformed its sector by 2% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a rise in investor participation, with delivery volume increasing by 159.32% against the 5-day average, the overall performance remains weak, as indicated by the significant declines over the past week, month, and year.
In the broader market context, Waaree Technologies Ltd's short-term performance has been notably poor compared to the benchmark Sensex, which has gained 0.96% over the past week while the stock has dropped by 4.35%. Over the last month, the stock has decreased by 14.98%, contrasting sharply with the Sensex's modest gain of 0.86%. Year-to-date, Waaree Technologies has seen a staggering decline of 52.77%, while the Sensex has risen by 8.36%. This stark difference highlights the challenges faced by Waaree Technologies in the current market environment, contributing to its ongoing price decline.