Why is Lypsa Gems falling/rising?

As of 28-Oct, Lypsa Gems & Jewellery Ltd is experiencing a decline in its stock price, currently at Rs. 5.01, which represents a decrease of 0.55 or 9.89%. The stock has hit a new 52-week low today and has underperformed its sector by 9.38%. Over the past two days, the stock has consecutively fallen, resulting in a total decline of 18.8%. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Despite these negative indicators, there has been a notable increase in investor participation, with delivery volume rising by 337.37% compared to the 5-day average, suggesting some level of interest from investors.
In the broader market context, the stock's performance has been significantly worse than the benchmark, with a 1-week return of -21.35% compared to the Sensex's modest gain of 0.24%. Over the past month, Lypsa Gems has declined by 24.77%, while the Sensex has increased by 5.22%. Year-to-date, the stock has fallen by 29.83%, contrasting sharply with the Sensex's rise of 8.30%. This stark difference highlights the challenges faced by Lypsa Gems in the current market environment, contributing to its ongoing price decline.