Why is Eighty Jewellers falling/rising?

As of 31-Oct, Eighty Jewellers Ltd is experiencing a decline in its stock price, currently at Rs 28.60, which represents a decrease of 1.37 or 4.57%. The stock has underperformed its sector today by 4.52%, opening with a loss and touching an intraday low of Rs 28.60. It has not traded on five days out of the last twenty, indicating erratic trading behavior. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In terms of performance over various periods, the stock has seen a significant decline of 39.08% year-to-date and 47.13% over the last three years, while the benchmark Sensex has shown positive returns in the same periods. There is no information available regarding positive or negative factors affecting the stock.
Broader Market Context: In comparison to the Sensex, which has gained 7.42% year-to-date, Eighty Jewellers has significantly underperformed, highlighting a stark contrast in performance. Over the past week, the stock has decreased by 4.57%, while the Sensex has only fallen by 0.32%. This suggests that the stock's decline is not merely a reflection of broader market trends but rather specific issues affecting Eighty Jewellers itself, contributing to its poor performance relative to the market.