Why is Mach Conferences falling/rising?

As of 16-Sep, Mach Conferences & Events Ltd is experiencing a decline in its stock price, currently at 120.95, which reflects a decrease of 0.75 or 0.62%. The stock has underperformed significantly, with a one-week return of -2.89% and a one-month return of -7.32%. Additionally, it is trading lower than all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock is also close to its 52-week low, being only 3.43% away from Rs 116.8. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 61.96% compared to the 5-day average, indicating reduced interest from investors.
In the broader market context, the Sensex has shown a positive return of 1.58% over the past week and 2.21% over the past month, contrasting sharply with Mach Conferences' negative performance. Year-to-date, the stock has plummeted by 47.89%, while the Sensex has gained 5.43%. This stark difference highlights the company's struggles relative to the overall market. The lack of positive factors in the dashboard further emphasizes the challenges faced by Mach Conferences, contributing to its declining stock price amidst a generally improving market environment.