Why is Blue Pebble falling/rising?

As of 11-Aug, Blue Pebble Ltd is experiencing a decline in its stock price, currently at Rs 179.00, which represents a decrease of Rs 6.0 or 3.24%. The stock has underperformed its sector by 2.67% today and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, the stock is close to its 52-week low, being only 4.3% away from Rs 171.3. Over the past week, Blue Pebble has seen a return of -1.76%, and its year-to-date performance shows a significant decline of 46.73%. The delivery volume has also dropped sharply, with a 60.53% decrease compared to the 5-day average, indicating falling investor participation.
In the broader market context, the Sensex has shown a relatively modest decline of 0.56% over the past week, suggesting that Blue Pebble's performance is not aligned with the general market trend. While the benchmark has a year-to-date return of 3.98%, Blue Pebble's substantial negative return highlights its struggles compared to the market. This disparity indicates that the stock's challenges are more pronounced than those faced by the broader market, contributing to its ongoing decline.