Why is Apex Ecotech falling/rising?

As of 04-Aug, Apex Ecotech Ltd is experiencing a decline in its stock price, currently at Rs 113.00, which reflects a decrease of Rs 3.0 or 2.59%. The stock has underperformed its sector today by 1.31%, reaching an intraday low of Rs 111, which is a drop of 4.31%. Over the past week, the stock has decreased by 4.96%, and it has seen a significant decline of 8.17% over the past month. Additionally, the stock's delivery volume has sharply fallen by 88.37% compared to the 5-day average, indicating a drop in investor participation. The stock is trading above its 100-day moving averages but below its shorter-term moving averages, suggesting a bearish trend in the near term.
In the broader market context, the Sensex has shown a slight increase of 0.17% over the past week, contrasting with Apex Ecotech's negative performance. Year-to-date, while the stock has declined by 8.13%, the Sensex has gained 4.56%, highlighting a significant underperformance relative to the benchmark. This divergence suggests that broader market conditions may not be favoring Apex Ecotech, contributing to its recent price decline. Overall, the combination of poor short-term returns, reduced investor interest, and underperformance against the benchmark indicates a challenging environment for the stock.