Why is Arcee Industries falling/rising?

As of 17-Jul, Arcee Industries Ltd is experiencing a decline in its stock price, currently at 5.97, reflecting a decrease of 0.31 or 4.94%. The stock has underperformed its sector by 5.54% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 99.36% compared to the 5-day average. Over the past year, the stock has decreased by 7.44%, while the benchmark Sensex has gained 1.91%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Arcee Industries has underperformed relative to the Sensex, which has shown a slight increase of 0.83% over the past month, while Arcee Industries has declined by 4.48% in the same period. This trend is indicative of a challenging environment for the stock, particularly as it has also lagged significantly over longer periods, with a 3-year return of -32.08% compared to the Sensex's 53.01% gain. The overall market sentiment appears to be unfavorable for Arcee Industries, contributing to its current price decline.