Why is Elegant Marbles falling/rising?

As of 29-Aug, Elegant Marbles and Grani Industries Ltd is experiencing a decline in its stock price, currently at 222.40, reflecting a decrease of 0.6 or 0.27%. The stock has underperformed its sector by 0.9% today and has been on a downward trend for the last two days, with a total drop of 3.35% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has fallen by 4.55%, and year-to-date, it has decreased by 15.16%, contrasting with the Sensex, which has gained 2.14% during the same period. There is a notable increase in investor participation, with delivery volume rising by 305.52% against the 5-day average, suggesting some interest despite the price decline.
Broader Market Context: In the short term, Elegant Marbles has significantly underperformed the benchmark Sensex, which has only declined by 1.84% over the past week compared to the stock's 4.55% drop. This disparity highlights the stock's weakness relative to the broader market. While the company has shown impressive long-term growth over 3 and 5 years, with returns of 75.46% and 236.71% respectively, the recent performance indicates a troubling trend that may concern investors. The absence of any positive factors in the dashboard further emphasizes the challenges the stock is facing in the current market environment.