Why is Mach Conferences falling/rising?

As of 08-Sep, Mach Conferences & Events Ltd is experiencing a decline in its stock price, currently at Rs 127.40, which reflects a decrease of Rs 2.1 or 1.62%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.48%. Additionally, it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock is also close to its 52-week low, just 1.81% away from Rs 125.1. Furthermore, investor participation has decreased significantly, with delivery volume dropping by 75% compared to the 5-day average, indicating a lack of interest from investors.
In the broader market context, the stock's performance over the past week shows a decline of 2.00%, while the benchmark Sensex has increased by 0.53%. Over the past month, Mach Conferences has seen a decline of 5.98%, contrasting with the Sensex's gain of 1.16%. Year-to-date, the stock has plummeted by 45.11%, while the Sensex has risen by 3.39%. This stark difference highlights the stock's struggles relative to the broader market, suggesting that external market conditions may not be favoring the company's performance at this time.