Why is Gautam Gems falling/rising?

As of 08-Aug, Gautam Gems Ltd is experiencing a decline in its stock price, currently at 4.35, which reflects a decrease of 0.05 or 1.14%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 2.25% during this period. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock's performance over the past week shows a decline of 4.19%, and it has significantly underperformed the benchmark Sensex, which has only decreased by 0.92%. Furthermore, investor participation has waned, with delivery volume dropping by 32.56% compared to the 5-day average, indicating reduced interest in trading the stock.
Broader Market Context: In the context of the broader market, Gautam Gems has shown a year-to-date decline of 18.23%, while the Sensex has gained 2.20% during the same period, highlighting a stark contrast in performance. Over the past year, Gautam Gems has plummeted by 45.56%, whereas the Sensex has only increased by 1.23%. This significant underperformance relative to the benchmark suggests that investor sentiment towards Gautam Gems is weak, contributing to the stock's downward trend. The lack of available positive factors further exacerbates the situation, as there are no indications of potential catalysts that could reverse the current negative momentum.