Why is Esprit Stones falling/rising?

As of 23-Sep, Esprit Stones Ltd is currently priced at Rs. 83.50, reflecting an increase of Rs. 1.4 or 1.71%. Despite this uptick, the stock has shown a negative performance trend over the past week, down 2.34%, and has significantly underperformed on a monthly basis with a decline of 13.92%. The stock hit a new 52-week low of Rs. 81.5 today, indicating ongoing challenges. Additionally, the stock is trading below its moving averages across various time frames, which suggests a bearish trend. There has also been a notable decrease in investor participation, with delivery volume dropping by 50% compared to the 5-day average, indicating reduced interest in the stock.
In the broader market context, the Sensex has experienced a slight decline of 0.28% over the past week, while Esprit Stones' performance has been notably worse, highlighting its struggles relative to the benchmark. Over the past month, the Sensex has gained 1.20%, contrasting sharply with Esprit Stones' significant drop. This divergence suggests that while the overall market may be stabilizing or improving, Esprit Stones is facing specific challenges that are impacting its stock price negatively.