Why is Emkay Taps & Cut falling/rising?

As of 18-Sep, Emkay Taps & Cutting Tools Ltd is experiencing a decline in its stock price, currently at Rs 148.70, reflecting a decrease of Rs 2.65 or 1.75%. The stock has underperformed significantly, with a 1-week return of -5.65% and a 1-month return of -22.15%. It is also trading close to its 52-week low, just 2.15% away from Rs 145.5. Additionally, the stock is below all its moving averages, indicating a bearish trend. Despite a notable increase in delivery volume, which rose by 78.29% against the 5-day average, the overall performance remains weak, and there is no available information on positive or negative factors that could influence the stock's recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has shown a positive return of +1.67% over the past week and +2.20% over the past month, Emkay Taps & Cutting Tools Ltd's performance is considerably lagging. The stock's year-to-date decline of -67.67% starkly contrasts with the Sensex's gain of +7.52%, highlighting a significant underperformance in the broader market context. This disparity suggests that while the market is generally trending upwards, Emkay Taps & Cutting Tools Ltd is struggling to maintain investor confidence, contributing to its falling stock price.