Why is Mach Conferences falling/rising?

As of 23-Sep, Mach Conferences & Events Ltd is currently priced at Rs 119.00, reflecting an increase of Rs 1.35, or 1.15%. Despite this uptick, the stock has shown a negative performance over the past week, down 1.61%, and a significant decline of 8.46% over the past month. The stock is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, it is close to its 52-week low, just 3.66% away from Rs 114.65. The delivery volume has decreased by 47.37% compared to the 5-day average, suggesting a decline in investor participation, which could negatively impact the stock's momentum.
Broader market context shows that while the Sensex has experienced a slight decline of 0.34% over the past week, Mach Conferences has underperformed relative to this benchmark. The stock's year-to-date performance is particularly concerning, with a drop of 48.73%, contrasting sharply with the Sensex's gain of 5.07%. This disparity highlights the challenges faced by Mach Conferences in attracting investor interest and maintaining a stable price, especially in a market that is generally performing better.