Why is Esprit Stones falling/rising?

As of 08-Oct, Esprit Stones Ltd is experiencing a decline in its stock price, currently at Rs 69.90, which reflects a decrease of Rs 1.6 or 2.24%. The stock has underperformed significantly, with a 1-week return of -9.22% and a 1-month return of -21.11%. Additionally, it is trading lower than all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock is also close to its 52-week low, being only 4.58% away from Rs 66.7. Despite a notable increase in delivery volume, which rose by 188.46% against the 5-day average, there are no positive factors available to counterbalance the negative performance indicators.
Broader Market Context: In comparison to the benchmark Sensex, which has shown a positive return of +0.84% over the past week and +1.10% over the past month, Esprit Stones' performance is considerably weaker. The broader market context indicates that while the Sensex has been gaining, Esprit Stones has been declining sharply, with a year-to-date drop of -44.46% compared to the Sensex's gain of +5.93%. This stark contrast highlights the challenges faced by Esprit Stones in the current market environment.