Why is Emkay Taps & Cut falling/rising?

As of 22-Sep, Emkay Taps & Cutting Tools Ltd is experiencing a slight decline in its stock price, currently at 155.85, reflecting a decrease of 0.15 or 0.1%. The stock has shown mixed performance in recent periods, with a 1-week return of +1.56%, indicating some short-term strength, but it has significantly underperformed over longer periods, with a 1-month return of -18.47% and a year-to-date decline of -66.12%. Today's price summary indicates that the stock has outperformed its sector by 0.46%, but it is trading lower than its 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 48.03% compared to the 5-day average, which may indicate waning interest among investors.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has gained 0.53% over the past week. While Emkay Taps has outperformed the benchmark in the short term, its long-term returns are concerning, with a staggering decline of 82.87% over the past year compared to the Sensex's modest drop of 2.28%. This disparity highlights the challenges faced by the company, as it struggles to maintain investor confidence amidst declining participation and significant losses over the longer term. The absence of any positive factors in the dashboard further underscores the difficulties the stock is currently experiencing.