Why is Chandni Machines falling/rising?

As of 03-Sep, Chandni Machines Ltd is experiencing a decline in its stock price, currently at Rs. 34.00, which represents a decrease of Rs. 0.07 or 0.21%. The stock has hit a new 52-week low of Rs. 33.1 today and has been on a downward trend, losing value for the past seven days with a total decline of 9.33%. Additionally, the stock has underperformed its sector by 1.71%. Over the past week, it has seen a significant drop of 6.85%, and its year-to-date performance shows a staggering decline of 41.73%. The stock is also trading below its moving averages across various time frames, indicating a bearish trend. Notably, investor participation has decreased sharply, with delivery volume falling by 90.22% compared to the five-day average, suggesting a lack of interest among investors.
In the broader market context, while the Sensex has only declined by 0.27% over the past week, Chandni Machines' performance has been significantly worse, highlighting its underperformance relative to the benchmark. The stock's year-to-date return of -41.73% starkly contrasts with the Sensex's positive return of 3.11%, further emphasizing its struggles in the current market environment. The overall liquidity of the stock remains adequate for trading, but the substantial drop in delivery volume indicates a waning interest from investors, which could be contributing to the ongoing decline in its price.