Why is Emami Realty Ltd falling/rising?

As of 12-Nov, Emami Realty Ltd is currently priced at 91.50, reflecting a decrease of 1.39, or 1.5%. The stock has been underperforming, having fallen for the last two days with a total decline of 3.39%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has decreased significantly by 35.55% compared to the 5-day average, suggesting a decline in investor participation. Over the past week, the stock has dropped by 4.09%, and its year-to-date performance shows a substantial decline of 26.57%, contrasting sharply with the Sensex, which has gained 8.10% during the same period.
In the broader market context, Emami Realty Ltd's recent performance has been notably weaker than the benchmark index, the Sensex, which has shown a positive return of 1.21% over the past week. This underperformance highlights a lack of investor confidence in the stock, especially as it has consistently trailed behind the benchmark in both short-term and long-term returns. The stock's liquidity remains adequate for trading, but the falling investor participation and negative price movement suggest that market sentiment is currently unfavorable for Emami Realty Ltd.