Why is Ace Men falling/rising?

As of 04-Jul, Ace Men Engg Works Ltd is currently priced at Rs 61.64, reflecting a decline of Rs 1.36 or 2.16%. The stock has been underperforming, having fallen consecutively for the last two days with a total drop of 2.61%. Despite opening with a gain of 6.32% today and reaching an intraday high of Rs 66.98, it also experienced significant volatility, touching a low of Rs 56.75, which represents a decline of 9.92%. The stock has shown a poor performance over the past week, down 4.70%, and has significantly underperformed the benchmark Sensex, which is up 3.01% over the same period. Additionally, the stock is trading below all key moving averages, indicating a bearish trend. There is also a notable decrease in investor participation, with delivery volume falling by 86.59% compared to the five-day average, which suggests a lack of confidence among investors.
Broader Market Context: In the context of the broader market, Ace Men Engg Works Ltd's short-term performance has been disappointing compared to the Sensex, which has gained 3.01% over the past month while the stock has declined by 9.35%. This stark contrast highlights the stock's struggles relative to the overall market, further exacerbated by its year-to-date performance, which shows a significant decline of 30.35% against the Sensex's gain of 6.77%. The overall market conditions appear to be more favorable, yet Ace Men is facing challenges that are leading to its declining stock price.