Why is Mach Conferences falling/rising?

As of 09-Sep, Mach Conferences & Events Ltd is experiencing a decline in its stock price, currently at Rs. 124.55, which reflects a decrease of Rs. 2.85 or 2.24%. The stock has underperformed its sector by 1.5% today and has been on a downward trend, losing 5.64% over the last three days. Additionally, it hit a new 52-week low of Rs. 122.5 today. The stock's performance over the past week shows a decline of 4.23%, and over the past month, it has fallen by 8.08%. It is also trading below all its moving averages, indicating a bearish trend. There is a slight positive note with an increase in delivery volume by 11.11% against the 5-day average, suggesting some rising investor participation, although specific positive or negative factors were not provided.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.18% over the past week and 1.56% over the past month, Mach Conferences is significantly lagging behind with its negative returns. The broader market has shown resilience with a year-to-date increase of 3.79%, while Mach Conferences has suffered a substantial decline of 46.34% in the same period. This stark contrast highlights the challenges faced by the company relative to the overall market performance.