Why is Deep Diamond falling/rising?

As of 22-Sep, Deep Diamond India Ltd is experiencing a decline in its stock price, currently at 4.22, which reflects a decrease of 0.11 or 2.54%. The stock has underperformed its sector by 2.14% today and has been on a downward trend, losing 4.09% over the last two days. In terms of longer-term performance, the stock has seen a significant decline of 33.61% year-to-date and a staggering 55.48% drop over the past year. Additionally, the stock's delivery volume has decreased by 12.79% compared to the 5-day average, indicating falling investor participation, while it remains higher than the 50-day moving average but lower than the 5-day, 20-day, 100-day, and 200-day moving averages. In the broader market context, the Sensex has shown a positive return of 0.46% over the past week, contrasting with Deep Diamond's decline of 2.99% during the same period. This underperformance relative to the benchmark highlights the stock's struggles in a generally stable market. Furthermore, while the Sensex has gained 5.15% year-to-date, Deep Diamond's substantial losses indicate a lack of investor confidence and potential issues specific to the company that are not detailed in the available data.