Why is Amkay Products falling/rising?

As of 11-Sep, Amkay Products Ltd is currently priced at 52.50, reflecting a slight increase of 0.02 (0.04%). Despite this minor uptick, the stock has been underperforming, with a 1-week return of -2.78%, a 1-month return of -3.63%, and a year-to-date decline of 15.87%. Today's trading performance indicates that the stock has underperformed its sector by 1.64%, and it has exhibited erratic trading patterns, not trading on 2 out of the last 20 days. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 31.82% compared to the 5-day average. The stock is currently trading above its 100-day moving average but below its shorter-term moving averages, indicating mixed signals regarding its price momentum.
Broader market context shows that while the Sensex has gained 1.03% over the past week and 1.17% over the past month, Amkay Products has struggled significantly in comparison, highlighting a disconnect between the stock's performance and broader market trends. The stock's year-on-year return of -20.75% starkly contrasts with the Sensex's minimal growth of 0.03%, further emphasizing its underperformance. Overall, the combination of declining investor interest, poor recent returns, and the stock's inability to keep pace with market benchmarks suggests a challenging environment for Amkay Products Ltd.