Why is Lypsa Gems falling/rising?

As of 27-Oct, Lypsa Gems & Jewellery Ltd is experiencing a decline in its stock price, currently at Rs 5.56, which reflects a decrease of Rs 0.61 or 9.89%. The stock has underperformed significantly, with a 1-week return of -6.87% and a 1-month return of -16.52%, contrasting sharply with the Sensex, which has gained 0.49% and 5.41% respectively over the same periods. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. The delivery volume has also seen a drastic drop of 80.24% compared to the 5-day average, suggesting a lack of investor interest. There are no positive factors available to counterbalance these negative indicators.
Broader Market Context: In the context of the broader market, Lypsa Gems' performance has been notably poor, with a year-to-date decline of 22.13%, while the Sensex has risen by 8.50%. This stark contrast highlights the stock's struggles relative to the overall market. The stock's liquidity remains adequate for trading, but the significant underperformance against both the sector and the benchmark suggests that investor sentiment is weak, contributing to the ongoing decline in its price.