Why is Amerise BioScie falling/rising?

As of 28-Jul, Amerise Biosciences Ltd is experiencing a decline in its stock price, currently at 0.72, which reflects a decrease of 0.02 or 2.7%. The stock has been underperforming, having lost 4% over the last two days and is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, the stock's performance over the past week shows a significant decline of 11.11%, while the one-month return is down 15.29%. The delivery volume has also decreased by 29.12% compared to the five-day average, suggesting a drop in investor participation, which could further contribute to the stock's downward pressure. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's movement.
In the broader market context, Amerise Biosciences Ltd's recent performance contrasts sharply with the benchmark, the Sensex, which has only declined by 1.59% over the past week. This indicates that the stock is not only underperforming relative to the market but also struggling significantly in comparison to the benchmark's performance over the past month, where it has decreased by 3.77%. The stark difference in returns highlights the challenges faced by Amerise Biosciences Ltd, as it continues to lag behind both the market and its historical performance metrics.