Why is Ace Men falling/rising?

As of 30-Jul, Ace Men Engg Works Ltd is currently priced at Rs 58.00, reflecting a decrease of Rs 1.0 or 1.69%. The stock has underperformed its sector by 1.84% today, having touched an intraday low of Rs 57.01, which represents a decline of 3.37%. Over the past week, the stock has experienced a return of -4.53%, and over the past month, it has fallen by 13.30%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. There has also been a significant drop in investor participation, with delivery volume decreasing by 49.38% compared to the 5-day average, suggesting reduced interest in the stock.
In the broader market context, the Sensex has declined by 1.50% over the past week, which indicates that while Ace Men is underperforming, the overall market is also facing downward pressure. Year-to-date, Ace Men has seen a substantial decline of 34.46%, contrasting sharply with the Sensex's gain of 4.28%. This disparity highlights the stock's struggles relative to the market. Despite a positive return of 18.34% over the past year, the recent trends and falling investor participation suggest that the stock is currently facing challenges that are contributing to its price decline.