Why is ZR2 Bioenergy falling/rising?

As of 29-Sep, ZR2 Bioenergy Ltd is experiencing a decline in its stock price, currently at 339.80, which represents a decrease of 13.0 points or 3.68%. The stock has been underperforming significantly, having fallen consecutively for the last four days, resulting in a total return of -14.19% during this period. Today, the stock opened with a notable loss of 8.45% and has traded within a wide range of Rs 56.85, indicating high volatility with an intraday volatility of 8.13%. Additionally, ZR2 Bioenergy is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, and there has been a decline in investor participation, with delivery volume dropping by 10.51% against the 5-day average.
In the broader market context, ZR2 Bioenergy's short-term performance has been notably worse than the benchmark, with a 1-week return of -13.71% compared to the Sensex's decline of only 2.18%. Over the past month, the stock has also underperformed, with a return of -11.99% while the benchmark has gained 0.70%. This stark contrast highlights the stock's struggles relative to the overall market, suggesting that investor sentiment is particularly negative towards ZR2 Bioenergy at this time.