Why is Eraaya Lifespace falling/rising?

As of 29-Sep, Eraaya Lifespaces Ltd is experiencing a decline in its stock price, currently at Rs. 38.05, which reflects a decrease of Rs. 1.45 or 3.67%. The stock has hit a new 52-week low of Rs. 37.62 today and has been on a downward trend, having fallen for three consecutive days with a total decline of 5.11% during this period. Additionally, the stock has underperformed its sector by 2.89%. The trading volume has significantly decreased, with delivery volume dropping by 72.19% compared to the five-day average, indicating falling investor participation. Furthermore, the stock is trading below all key moving averages, suggesting a bearish trend. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's movement.
In the broader market context, Eraaya Lifespaces Ltd has underperformed compared to the Sensex, with a one-week return of -5.35% against the benchmark's -2.18%. Over the past month, the stock has declined by 17.10%, while the Sensex has increased by 0.70%. Year-to-date, the stock has plummeted by 68.77%, contrasting sharply with the Sensex's modest gain of 2.85%. This significant underperformance indicates that the stock is not only struggling in the short term but also facing challenges compared to the overall market trends.