Why is Amkay Products falling/rising?

As of 28-Aug, Amkay Products Ltd is experiencing a decline in its stock price, currently at Rs 54.50, which represents a decrease of Rs 1.5 or 2.68%. The stock has underperformed its sector by 4.11% today, opening with a loss and touching an intraday low of Rs 53.2, reflecting a 5% drop. Additionally, the stock has shown a significant decrease in delivery volume, falling by 54.55% against the 5-day average, indicating reduced investor participation. Over the past month, the stock has declined by 8.40%, and year-to-date, it has fallen by 12.66%, while its performance over the past year shows a substantial decrease of 25.85%.
In the broader market context, the Sensex has declined by 2.34% over the past week, suggesting that the market is facing some headwinds, but Amkay Products' performance is notably worse than the benchmark. The stock's recent movement reflects a lack of investor confidence, as evidenced by erratic trading patterns and a failure to trade on one day out of the last 20. While the stock remains liquid enough for trading, its performance relative to the benchmark indicates that it is struggling significantly compared to the overall market trends.