Why is Alps Industries falling/rising?

As of 05-Aug, Alps Industries Ltd is experiencing a decline in its stock price, currently at 2.08, which reflects a decrease of 0.1 or 4.59%. The stock has underperformed its sector by 4.16% today, and it has shown erratic trading patterns, not trading on 3 out of the last 20 days. Additionally, Alps Industries is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 5.02%, and it has seen a significant drop of 22.10% over the past month. Year-to-date, the stock is down 33.97%, contrasting sharply with the Sensex, which has gained 3.29%. There is a notable increase in investor participation, with delivery volume rising by 2030.32% against the 5-day average, suggesting some interest despite the overall negative performance.
In the broader market context, Alps Industries' recent performance has been significantly worse than the benchmark, as it has declined by 5.02% over the past week compared to the Sensex's drop of only 0.77%. This stark contrast highlights the stock's underperformance relative to the market. The company's year-to-date decline of 33.97% further emphasizes its struggles, especially when juxtaposed with the Sensex's positive return. The lack of positive factors in the provided data suggests that there are no immediate catalysts to reverse the current downward trend, reinforcing the challenges faced by Alps Industries in the current market environment.