Why is Arcee Industries falling/rising?

As of 30-Jun, Arcee Industries Ltd is experiencing a decline in its stock price, currently at 6.15, reflecting a decrease of 0.29 or 4.5%. The stock has underperformed its sector by 5.17% today and has seen consecutive losses over the last two days, totaling a decline of 9.16%. 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 dropped by 11.38%, while its year-to-date performance shows a modest gain of 3.02%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 2.09% over the past week, Arcee Industries' performance has been significantly weaker. The benchmark has also outperformed the stock over the past month and year, with the Sensex showing increases of 2.65% and 5.79%, respectively. This stark contrast in performance highlights the challenges faced by Arcee Industries in the current market environment, contributing to the stock's downward trajectory.