Why is Esprit Stones falling/rising?

As of 04-Sep, Esprit Stones Ltd is experiencing a decline in its stock price, currently at Rs 87.65, which reflects a decrease of Rs 1.75 or 1.96%. The stock is trading close to its 52-week low, just 1.6% away from Rs 86.25. It has underperformed its sector by 1.7% today and is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a significant drop of 6.01%, and its year-to-date performance shows a decline of 30.35%. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 210% against the 5-day average, indicating some interest in the stock despite its overall negative performance.
In the broader market context, while Esprit Stones has been declining, the benchmark Sensex has shown a slight increase of 0.95% over the past week. This stark contrast highlights the stock's underperformance relative to the market. Additionally, the stock's year-to-date return is significantly worse than the Sensex, which has gained 4.61% in the same period. The liquidity of Esprit Stones is adequate for trading, as it is based on 2% of the 5-day average traded value, allowing for trades of Rs 0.01 crore. Overall, the combination of poor stock performance, underwhelming returns compared to the benchmark, and the current trading conditions contribute to the downward movement of Esprit Stones Ltd's stock price.