Why is Arcee Industries falling/rising?

As of 11-Nov, Arcee Industries Ltd is experiencing a decline in its stock price, currently at 6.89, which reflects a decrease of 0.36 or 4.97%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 12.9% during this period. Despite a strong performance over the past month with a return of 12.40%, the stock's recent trend contrasts sharply with its year-to-date gain of 15.41%. Additionally, while the stock is trading above its longer-term moving averages, it is currently below its 5-day moving average. The rising investor participation, indicated by a significant increase in delivery volume, suggests some interest in the stock, but this has not translated into positive price movement.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.49% over the past week, Arcee Industries has underperformed with a decline of 8.74%. This disparity highlights the stock's recent struggles relative to the broader market. The overall market context appears to be more favorable, as the Sensex has shown positive returns both in the short term and over the past month. The liquidity of Arcee Industries remains adequate for trading, but the negative momentum in its price suggests that investor sentiment may be cautious despite the increased trading activity.