Why is Ace Men falling/rising?

As of 01-Jul, Ace Men Engg Works Ltd is experiencing a decline in its stock price, currently at Rs 61.50, which reflects a decrease of Rs 5.4 or 8.07%. The stock opened significantly lower today, with an initial loss of 8.3%, and reached an intraday low of Rs 61.35. It has underperformed its sector by 7.5% today, and trading volume has decreased dramatically, with delivery volume falling by 88.38% compared to the 5-day average. Over the past week, the stock has declined by 5.38%, and its year-to-date performance shows a substantial drop of 30.51%. While the stock has shown a positive return of 39.39% over the past year, its recent performance indicates a troubling trend, as it is trading below all key moving averages.
Broader Market Context: In contrast to Ace Men Engg Works Ltd's recent struggles, the benchmark Sensex has gained 2.00% over the past week and 7.11% year-to-date. This stark difference highlights the stock's underperformance relative to the broader market. While the stock has historically shown strong returns over longer periods, such as 267.16% over five years, the current short-term trends suggest a lack of investor confidence and participation, which is contributing to its declining price amidst a generally positive market environment.