Why is Waterbase falling/rising?

As of 22-Sep, Waterbase Ltd is currently priced at 49.26, reflecting a slight increase of 0.14 or 0.29%. Despite this uptick, the stock has been underperforming recently, having fallen for the last two days with a total decline of -2%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, while the stock has outperformed its sector by 2.33% today, it has experienced significant declines over longer periods, including a -34.30% drop year-to-date and a -50.67% decline over the past five years. There is no information available regarding positive or negative factors that could influence the stock's recent movement.
Broader Market Context: In the context of the broader market, Waterbase's recent performance contrasts sharply with the Sensex, which has shown a positive return of +0.46% over the past week. The aquaculture sector, in which Waterbase operates, has also seen a decline of -2.79%, reflecting broader challenges within the industry. The stock's year-to-date performance is significantly worse than the Sensex's +5.15%, highlighting the ongoing struggles of Waterbase compared to the overall market.