Why is We Win Ltd falling/rising?

As of 18-Nov, We Win Ltd's stock price is currently at Rs 48.55, reflecting a decline of Rs 1.8 or 3.57%. The stock has been underperforming, having lost 6.27% over the last three days and is trading below all its moving averages, indicating a bearish trend. In terms of returns, the stock has experienced significant declines, with a 30.45% drop over the past month and a year-to-date decrease of 45.45%. While there has been a notable increase in investor participation, with delivery volume rising by 316.7% against the 5-day average, the overall sentiment remains negative, contributing to the stock's recent price movement.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.86% over the past month, We Win Ltd's performance is starkly negative, highlighting a significant underperformance of 30.45%. The broader market has shown resilience with positive returns over various periods, contrasting sharply with We Win Ltd's declines. This disparity indicates that while the market is generally favorable, We Win Ltd is struggling to attract investor confidence, further exacerbating its price decline.