Why is Arcee Industries falling/rising?

As of 24-Sep, Arcee Industries Ltd is experiencing a decline in its stock price, currently at 5.32, which reflects a decrease of 0.23 or 4.14%. The stock has underperformed its sector by 4.07% today, and it 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 on 23 September falling by 99.59% compared to the 5-day average. Over the past week, the stock has declined by 8.75%, and year-to-date, it has fallen by 10.89%, indicating a consistent downward trend.
In the broader market context, the Sensex has only decreased by 1.18% over the past week, suggesting that Arcee Industries' decline is more pronounced than the overall market. While the Sensex has shown a positive return of 0.50% over the past month and 4.58% year-to-date, Arcee Industries has struggled significantly, with a 10.74% decline in the last month and a 21.19% drop over the past year. This stark contrast highlights the challenges faced by Arcee Industries in a market that is otherwise showing resilience.