Why is Gem Enviro falling/rising?

As of 24-Sep, Gem Enviro Management Ltd is experiencing a decline in its stock price, currently at Rs 62.00, which reflects a decrease of Rs 1.5 or 2.36%. The stock has underperformed today, opening with a loss and touching an intraday low of Rs 61.06, which is 3.11% away from its 52-week low of Rs 60.07. Additionally, the stock has shown a significant decline over various periods, with a year-to-date drop of 52.65% and a one-year decline of 68.21%. It is also trading below all moving averages, indicating a bearish trend. Despite a slight increase in delivery volume, the overall sentiment remains negative, and there is no available information on positive or negative factors that could influence the stock's performance.
In the broader market context, Gem Enviro's recent performance contrasts sharply with the benchmark Sensex, which has shown a positive return of 4.58% year-to-date. Over the past week, Gem Enviro has declined by 3.88%, while the Sensex has only fallen by 1.18%. This underperformance relative to the benchmark suggests that investor sentiment towards Gem Enviro is weak, contributing to its falling stock price amidst a generally more stable market environment.