Why is Emerald Tyre falling/rising?

As of 20-Jun, Emerald Tyre Manufacturers Ltd is experiencing a decline in its stock price, currently at 112.10, which reflects a decrease of 6.9 points or 5.8%. The stock has underperformed its sector today by 4.59%, and it is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has seen a significant decline of 9.60%, while it has shown a modest increase of 4.77% over the past month. Year-to-date, the stock has dropped by 37.57%, contrasting sharply with the Sensex, which has gained 6.21%. Although there has been a slight increase in investor participation, with delivery volume rising by 4.17% against the 5-day average, the overall sentiment appears negative, and no positive or negative dashboard data is available to further clarify the stock's recent performance.
In the broader market context, Emerald Tyre's short-term performance has been notably weaker than the Sensex, which has gained 1.59% over the past week. This underperformance highlights a concerning trend for the company, especially given that the benchmark index has shown resilience while Emerald Tyre continues to struggle. The liquidity of the stock is adequate for trading, but the significant year-to-date decline and consistent underperformance against the benchmark suggest that investor confidence may be waning, contributing to the stock's downward trajectory.