Why is Omaxe falling/rising?

As of 05-Aug, Omaxe Ltd's stock price is currently at Rs 94.40, reflecting a decrease of Rs 1.93 or 2.0%. The stock has underperformed its sector by 1.42% today and reached an intraday low of Rs 94, which is a decline of 2.42%. Over the past week, the stock has seen a significant drop of 7.00%, and its year-to-date performance shows a decline of 14.88%. Additionally, the stock is trading higher than its 100-day moving average but lower than its 5-day, 20-day, 50-day, and 200-day moving averages. Notably, there has been a substantial decrease in investor participation, with delivery volume falling by 75.23% compared to the 5-day average, indicating waning interest among investors.
In the broader market context, Omaxe's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 0.77% over the past week. While Omaxe has struggled with a year-on-year decline of 27.69%, the Sensex has managed a modest gain of 2.48% in the same period. This stark difference highlights the challenges Omaxe faces in attracting investor confidence, especially given its significant underperformance relative to the broader market trends. The lack of available positive or negative factors further complicates the outlook, as there are no specific catalysts identified that could influence a turnaround in the stock's performance.