Why is Martin Burn falling/rising?

As of 08-Sep, Martin Burn Ltd's stock price is currently at Rs 62.01, reflecting a decrease of Rs 2.89 or 4.45%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 8.8% during this period. It has also underperformed its sector by 4.85% today. The stock touched an intraday low of Rs 60, indicating significant downward pressure. Additionally, Martin Burn is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. While there has been a notable increase in delivery volume, rising by 298.46% against the 5-day average, the overall sentiment appears negative, contributing to the stock's recent decline.
In the broader market context, Martin Burn's short-term performance has been notably poor compared to the Sensex, with a 1-week return of -4.60% against the benchmark's positive return of +0.53%. Over the past month, the stock has declined by 7.50%, while the Sensex has gained 1.16%. Year-to-date, Martin Burn has seen a significant drop of 24.79%, contrasting sharply with the Sensex's increase of 3.39%. This stark difference highlights the stock's struggles in the current market environment, further exacerbated by its recent performance trends.