Why is EMA Partners falling/rising?

As of 23-Jul, EMA Partners India Ltd is currently priced at 98.05, reflecting a decrease of 0.4, or 0.41%. The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 1.58% away from Rs 96.5. Over the past week, the stock has underperformed with a return of -0.91%, while the Sensex has seen a slight increase of 0.03%. However, there has been a rise in investor participation, with delivery volume increasing by 16.16% against the 5-day average, suggesting some interest despite the overall decline.
In the broader market context, EMA Partners' recent performance contrasts with the benchmark, as it has experienced a negative return over the past month of -4.20%, while the Sensex has gained 0.99%. This divergence indicates that the stock is not only struggling in the short term but also lagging behind the market trend. The lack of available positive or negative factors further complicates the analysis of the stock's recent movement, as there are no specific catalysts identified that could explain the decline. Overall, the combination of underperformance against benchmarks and trading below key moving averages contributes to the stock's downward trajectory.