Why is Walchand People falling/rising?

As of 20-Oct, Walchand Peoplefirst Ltd is experiencing a decline in its stock price, currently at Rs 130.05, which reflects a decrease of Rs 7.95 or 5.76%. The stock has been underperforming, having lost 5.93% over the last two days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, it has shown a significant year-to-date decline of 26.09%, while the stock's performance over the past month is down 9.12%. Despite a notable increase in delivery volume by 258.92% on October 17, indicating rising investor participation, the overall sentiment appears negative, contributing to the stock's recent downward movement.
Broader market context shows that while Walchand Peoplefirst Ltd has been declining, the benchmark Sensex has gained 2.47% over the past week and 2.10% over the past month. This stark contrast highlights the stock's underperformance relative to the broader market, which may be influencing investor sentiment negatively. The stock's liquidity remains adequate for trading, but the consistent losses and poor performance against the benchmark suggest a challenging environment for Walchand Peoplefirst Ltd at this time.