Why is Ameya Precision falling/rising?

As of 15-Oct, Ameya Precision Engineers Ltd is experiencing a decline in its stock price, currently at Rs 96.80, reflecting a decrease of Rs 2.5 or 2.52%. The stock has underperformed significantly, with a 1-week return of -1.27% and a 1-month return of -5.97%, while the benchmark Sensex has shown positive returns of +1.11% and +1.01%, respectively. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. The stock is also close to its 52-week low, just 3.93% away from Rs 93, and has seen a notable drop in investor participation, with delivery volume falling by 28.57% compared to the 5-day average.
Broader Market Context: In the context of the broader market, Ameya Precision's performance has been notably weaker than the Sensex, which has gained 7.10% year-to-date, while Ameya has declined by 16.73% in the same period. This stark contrast highlights the stock's struggles relative to the overall market performance. The lack of available positive factors further compounds the challenges faced by the company, as it continues to lag behind both its sector and the market, contributing to the downward pressure on its stock price.