Why is Emerald Tyre falling/rising?

As of 28-Oct, Emerald Tyre Manufacturers Ltd is experiencing a decline in its stock price, currently at 118.00, which reflects a decrease of 0.2 or 0.17%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 22.58% compared to the 5-day average. The stock has also underperformed significantly over various periods, with a year-to-date decline of 34.28%, while the benchmark Sensex has gained 9.69% during the same timeframe. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.
In the broader market context, Emerald Tyre's short-term performance is considerably worse than that of the benchmark, as it has declined by 9.92% over the past week, while the Sensex has increased by 0.26%. This stark contrast highlights the stock's struggles relative to the overall market, which may be contributing to investor sentiment and further driving down the stock price. The lack of positive factors and the significant underperformance against the benchmark suggest that the stock is facing challenges that could deter potential investors.