Why is H.M. Electro falling/rising?

As of 19-Sep, H.M. Electro Mech Ltd's stock price is currently at Rs. 62.00, reflecting a decrease of Rs. 1.5 or 2.36%. The stock has underperformed significantly today, hitting a new 52-week low of Rs. 51, which represents a substantial intraday decline of 19.69%. Additionally, the stock has traded in a wide range of Rs. 13.25 and has shown high volatility with an intraday volatility of 11.49%. It is also trading below its moving averages across various time frames, indicating a bearish trend. Furthermore, there has been a notable decline in investor participation, with delivery volume dropping by 44.44% compared to the 5-day average, suggesting a lack of confidence among investors.
Broader Market Context: In the context of the broader market, H.M. Electro's performance over the past week has been poor, with a return of -4.91%, while the Sensex has gained 0.88% during the same period. This underperformance is further highlighted by the stock's 1-month return of -5.14% compared to the Sensex's positive return of 1.20%. The overall market sentiment appears to be more favorable than that of H.M. Electro, which is struggling with declining prices and investor interest.