Why is Amkay Products falling/rising?

As of 18-Sep, Amkay Products Ltd is experiencing a decline in its stock price, currently at Rs 50.00, which reflects a decrease of Rs 2.0 or 3.85%. The stock has been underperforming, having fallen consecutively for the last two days, with a total decline of 4.76% over the past week. Today's trading saw the stock open with a loss of 3.85% and touch an intraday low of Rs 50. Additionally, the stock's performance has been poor over longer periods, with year-to-date returns down by 19.87% and a one-year decline of 23.08%. The stock has also shown erratic trading patterns, not trading on three out of the last twenty days, and has seen a significant drop in delivery volume, down by 56.52% compared to the five-day average.
In the broader market context, the Sensex has gained 1.80% over the past week and 6.24% year-to-date, indicating that Amkay Products is lagging behind the benchmark significantly. While the medical equipment sector has seen a positive movement of 3.04%, Amkay's stock has not benefited from this trend. The stock's moving averages indicate it is performing lower than the 5-day, 20-day, 50-day, and 200-day averages, despite being higher than the 100-day moving average. This suggests a lack of momentum and investor confidence in the stock, contributing to its recent price decline.