Why is ATC Energies falling/rising?

As of 16-Sep, ATC Energies System Ltd is experiencing a decline in its stock price, currently at Rs 63.25, which reflects a decrease of Rs 1.6 or 2.47%. The stock has underperformed today, falling short of sector performance by 1.94%. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, just 3.79% above Rs 60.85. The delivery volume has decreased by 2.91% compared to the 5-day average, suggesting a decline in investor participation, which may further contribute to the downward pressure on the stock.
In the broader market context, ATC Energies' performance over the past week shows a decline of 1.25%, while the benchmark Sensex has increased by 1.49%. Over the past month, the stock has decreased by 0.24%, contrasting with the Sensex's gain of 2.47%. This underperformance relative to the benchmark highlights the stock's struggles in a generally positive market environment. The lack of available positive or negative factors further complicates the outlook, as there are no specific catalysts identified that could reverse the current trend.