Why is Esprit Stones falling/rising?

As of 17-Sep, Esprit Stones Ltd is currently priced at 85.00, reflecting a decrease of 0.5, or 0.58%. The stock has underperformed significantly, with a 1-week return of -2.30% and a 1-month return of -14.96%, while the Sensex has gained 1.43% and 2.84% in the same periods, respectively. Today's performance shows that the stock is trading lower than all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 51.92% against the 5-day average. The stock is also close to its 52-week low, being only 3.53% away from Rs 82.
In the broader market context, Esprit Stones' recent performance contrasts sharply with the benchmark, as it has significantly lagged behind the Sensex, which has shown positive returns. The stock's year-to-date performance is particularly concerning, with a decline of 32.46%, while the Sensex has increased by 7.13%. This stark difference indicates a lack of investor confidence and suggests that the stock is struggling to attract interest amid a generally positive market environment. Overall, the combination of underperformance relative to benchmarks and declining investor participation contributes to the downward pressure on Esprit Stones' stock price.