Why is Amit Internation falling/rising?

As of 15-Jul, Amit International Ltd is experiencing a decline in its stock price, currently at 3.41, which reflects a decrease of 0.17 or 4.75%. The stock has underperformed its sector by 5.93% today and has shown erratic trading patterns, not trading on one day out of the last twenty. Additionally, the stock 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 3.94%, and its year-to-date performance shows a significant drop of 23.02%. The delivery volume has seen a substantial increase of 1378.05% compared to the 5-day average, suggesting a rise in investor participation, although the overall performance remains negative.
In the broader market context, the Sensex has only declined by 1.36% over the past week, contrasting sharply with Amit International's performance. While the benchmark index has shown a positive return of 5.67% year-to-date, Amit International's significant drop of 23.02% indicates a lack of investor confidence compared to the market. This disparity highlights the challenges the company faces in attracting investment amidst a generally improving market environment. Overall, the combination of poor stock performance relative to benchmarks and negative trading indicators contributes to the ongoing decline in Amit International's stock price.