Why is Mach Conferences falling/rising?

As of 27-Oct, Mach Conferences & Events Ltd is experiencing a decline in its stock price, currently at Rs 106.95, which represents a decrease of Rs 6.05 or 5.35%. The stock has been underperforming significantly, with a 1-week return of -6.18% and a 1-month return of -9.94%. Today's performance indicates that it is close to its 52-week low, just 2.29% away from Rs 104.5. The stock has been on a downward trend for the last three days, accumulating a total loss of -8.28% during this period. Additionally, it is trading below all key moving averages, indicating a bearish sentiment. There has been a notable drop in investor participation, with delivery volume decreasing by 77.68% compared to the 5-day average, which further suggests a lack of confidence among investors.
In the broader market context, the Sensex has shown a positive return of +0.49% over the past week, contrasting sharply with Mach Conferences' negative performance. This indicates that while the overall market is experiencing gains, Mach Conferences is lagging significantly behind. The stock's year-to-date performance is particularly concerning, with a decline of -53.92% compared to the Sensex's increase of +8.50%. This stark difference highlights the challenges faced by Mach Conferences in attracting investor interest and maintaining its stock value amidst a generally favorable market environment.