Why is Esprit Stones falling/rising?

As of 08-Aug, Esprit Stones Ltd is experiencing a decline in its stock price, currently at 96.75, reflecting a decrease of 0.3 or 0.31%. The stock has underperformed its sector by 1.78% 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 falling by 60% compared to the 5-day average. Over the past month, the stock has decreased by 8.08%, while it has seen a year-to-date decline of 23.12%. Unfortunately, there is no information available regarding positive or negative factors that could provide further insights into the stock's recent movement.
In the broader market context, Esprit Stones' short-term performance has been weaker than the benchmark, with a 1-week return of -1.07% compared to the Sensex's -0.82%. This trend of underperformance continues over the longer term, as the stock has declined significantly year-to-date while the benchmark has gained 3.04%. The overall market conditions appear to be more favorable for the Sensex, which may contribute to the continued downward pressure on Esprit Stones' stock price.