Why is Esprit Stones falling/rising?

As of 17-Nov, Esprit Stones Ltd is experiencing a decline in its stock price, currently at Rs. 67.50, which reflects a decrease of Rs. 2.95 or 4.19%. The stock has hit a new 52-week low of Rs. 65.25 today and has underperformed its sector by 4.15%. Additionally, Esprit Stones is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has dropped by 6.25%, and year-to-date, it has plummeted by 46.36%, contrasting sharply with the Sensex, which has gained 10.02% during the same period. There is a slight increase in investor participation, with a 2.27% rise in delivery volume, but this has not been sufficient to counteract the overall negative performance.
In the broader market context, Esprit Stones' short-term performance is significantly lagging behind the Sensex, which has risen by 1.72% over the past week. This stark contrast highlights the stock's struggles relative to the overall market, as it continues to face downward pressure. The lack of available positive factors further exacerbates the situation, leaving the stock vulnerable to continued declines amidst a generally favorable market environment for other securities.