Why is Accuracy Shippi. falling/rising?

As of 05-Aug, Accuracy Shipping Ltd's stock price is currently at 6.99, reflecting a decline of 0.22, or 3.05%. The stock has been experiencing a downward trend, having underperformed its sector by 1% today and marking three consecutive days of losses with a total decline of 4.69% during this period. Over the past week, the stock has fallen by 6.17%, and it has shown significant declines over longer periods, including a 31.87% drop year-to-date and a staggering 66.86% decline over the last three years. The stock is trading below all its moving averages, indicating a bearish trend. Although there has been a rise in investor participation, with delivery volume increasing by 9.26% against the five-day average, the overall sentiment remains negative.
In the broader market context, the Sensex has only declined by 0.69% over the past week, contrasting sharply with Accuracy Shipping Ltd's performance. While the benchmark has shown a positive return of 4.25% year-to-date, Accuracy Shipping Ltd has significantly lagged behind with a year-to-date decline of 31.87%. This stark difference highlights the stock's underperformance relative to the market, contributing to the negative sentiment surrounding it. The absence of any positive factors in the provided data further emphasizes the challenges faced by the company, reinforcing the reasons behind its falling stock price.