Why is Emkay Taps & Cut falling/rising?

As of 16-Sep, Emkay Taps & Cutting Tools Ltd is experiencing a decline in its stock price, currently at Rs. 151.95, which reflects a decrease of Rs. 1.5 or 0.98%. The stock has hit a new 52-week low today and is underperforming its sector by 1.15%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 6.78%, and its year-to-date performance shows a significant decline of 66.97%. While there has been a rise in investor participation, with delivery volume increasing by 53.3% against the 5-day average, the overall sentiment appears negative given the substantial losses over the past year, where the stock has fallen by 84.49%.
In the broader market context, the Sensex has shown a positive return of 1.49% over the past week, contrasting sharply with Emkay Taps & Cutting Tools Ltd's negative performance. This divergence indicates that while the overall market is experiencing gains, the company is struggling significantly, which may be contributing to investor concerns. The stark difference in returns, particularly the stock's year-to-date decline compared to the Sensex's increase of 6.74%, suggests that specific challenges facing Emkay Taps & Cutting Tools Ltd are impacting its stock price negatively, despite some positive indicators in trading volume.