Why is Esprit Stones falling/rising?

As of 23-Jul, Esprit Stones Ltd is experiencing a decline in its stock price, currently at 101.60, which reflects a decrease of 2.35 or 2.26%. The stock has underperformed its sector by 1.08% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume on 22 July falling by 59.02% compared to the 5-day average. Over the past month, the stock has decreased by 9.29%, while year-to-date it has fallen by 19.27%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Esprit Stones' short-term performance over the past week shows a modest increase of 0.25%, which is relatively better than the Sensex's slight gain of 0.03%. However, the stock's longer-term performance is concerning, as it has significantly underperformed the benchmark index, which has risen by 6.66% year-to-date. This stark contrast highlights the challenges faced by Esprit Stones in attracting investor confidence and maintaining a competitive position in the market.