Why is Esprit Stones falling/rising?

As of 24-Sep, Esprit Stones Ltd is currently priced at 83.50, showing no change (0.00%) from the previous trading session. The stock has underperformed recently, with a 1-week return of -1.76% compared to the Sensex's -1.08%. Over the past month, Esprit Stones has declined by 13.92%, while the Sensex has increased by 0.75%. The stock is currently trading 2.4% above its 52-week low of Rs 81.5 and is underperforming its sector by 1.36%. Additionally, Esprit Stones is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 50% against the 5-day average, suggesting some interest despite the overall decline.
In the broader market context, the stock's performance has been significantly weaker than the benchmark, with a year-to-date decline of 33.65% compared to the Sensex's gain of 5.97%. This stark contrast highlights the challenges faced by Esprit Stones in the current market environment. The lack of positive factors in the dashboard further emphasizes the difficulties the company is experiencing, contributing to the stock's downward trajectory. Overall, while there is some increase in trading activity, the prevailing trends and comparisons to the benchmark indicate a challenging situation for Esprit Stones Ltd.