Why is Wagend Infra falling/rising?

As of 23-Oct, Wagend Infra Venture Ltd is currently priced at 1.09, reflecting a decline of 0.04, or 3.54%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 6.84%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also significantly decreased, with a 96.97% drop compared to the 5-day average, suggesting a lack of investor interest. The stock's performance over various periods shows a substantial decline, with a year-to-date drop of 22.14% and a 5-year decline of 65.83%, further emphasizing its struggles.
In the broader market context, Wagend Infra's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.30% over the past week and 8.21% year-to-date. This stark difference highlights the stock's underperformance, as it has declined by 10.66% in the last week and 9.17% in the last month. The overall market appears to be moving positively, while Wagend Infra continues to face significant challenges, contributing to its falling stock price.