Why is Amerise BioScie falling/rising?

As of 06-Aug, Amerise Biosciences Ltd is experiencing a decline in its stock price, currently at 0.72, which reflects a decrease of 0.01 or 1.37%. The stock has underperformed its sector by 1.11% today, and its delivery volume has significantly dropped by 39.82% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has shown a positive return of 4.35%, but it has struggled in the longer term, with a year-to-date decline of 40.50% and a 3-year drop of 28.00%. Unfortunately, there is no information available regarding any positive or negative factors impacting the stock.
In the broader market context, while the Sensex has declined by 1.15% over the past week, Amerise Biosciences Ltd's performance has been relatively better in this short timeframe. However, the stock's longer-term performance is concerning, with a year-to-date return significantly worse than the benchmark's positive return of 3.08%. This stark contrast suggests that while there may be short-term fluctuations, the overall trend for Amerise Biosciences Ltd remains negative compared to the broader market.