Why is Wagend Infra falling/rising?

As of 03-Nov, Wagend Infra Venture Ltd is experiencing a decline in its stock price, currently at 0.98, which represents a decrease of 0.16 or 14.04%. The stock has been underperforming significantly, having fallen consecutively for the last three days, resulting in a total drop of 25.76% during this period. Additionally, it is trading below all its moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 12.50%, and over the past month, it has decreased by 14.78%, while the benchmark Sensex has gained 3.41% in the same timeframe. There is also a notable decrease in investor participation, with delivery volume dropping by 75.08% against the five-day average, suggesting a lack of interest from investors.
In the broader market context, Wagend Infra's recent performance starkly contrasts with the Sensex, which has shown resilience with a positive return of 3.41% over the past month. The stock's year-to-date decline of 30.00% further emphasizes its struggles compared to the benchmark's gain of 7.47%. This underperformance is compounded by the significant drop in liquidity, as the stock is only liquid enough for trades of Rs 0 crore based on 2% of the five-day average traded value. Overall, the combination of falling prices, declining investor interest, and poor relative performance against the benchmark indicates a challenging environment for Wagend Infra Venture Ltd.