Why is Emergent Indust. falling/rising?

As of 24-Sep, Emergent Industrial Solutions Ltd is experiencing a decline in its stock price, currently at Rs 404.80, which reflects a decrease of Rs 21.3 or 5.0%. The stock has underperformed its sector by 4.81% today and has been on a consecutive downward trend for the last four days, resulting in a total decline of 16.85% during this period. Additionally, the stock has traded within a wide range of Rs 42.6 today, with a high of Rs 447.4 and a low of Rs 404.8. It is also noted that the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a rise in investor participation, with delivery volume increasing by 42.33% against the 5-day average, the overall sentiment appears negative, contributing to the stock's recent decline.
In the broader market context, the stock's performance over the past week shows a significant drop of 11.82%, contrasting sharply with the Sensex, which has only declined by 1.18%. Over the past month, Emergent Industrial has seen a steep decline of 36.31%, while the Sensex has managed a slight increase of 0.50%. Despite a strong year-to-date return of 9.70% compared to the Sensex's 4.58%, the recent short-term performance highlights a troubling trend for the stock, which is not aligned with the broader market's stability. This divergence suggests that specific challenges faced by Emergent Industrial are impacting its stock price more severely than the overall market conditions.