Why is Resonance Speci. falling/rising?

As of 05-Aug, Resonance Specialities Ltd is experiencing a decline in its stock price, currently at Rs 106.75, which reflects a decrease of Rs 5.15 or 4.6%. The stock has been underperforming, having lost 13.03% over the last three days, and it touched an intraday low of Rs 106.35. In terms of returns, the stock has declined by 11.04% over the past month and 3.74% over the past week, while it has shown a year-to-date increase of 9.94%. The stock is currently trading below its 5-day, 20-day, and 50-day moving averages, although it remains above the 100-day and 200-day moving averages. There has been a slight increase in investor participation, with a 5.04% rise in delivery volume against the 5-day average, indicating some interest despite the recent price drop.
Broader Market Context: In comparison to the benchmark Sensex, which has decreased by only 0.77% over the past week, Resonance Specialities Ltd's performance has been notably weaker. The stock's recent decline is more pronounced than the broader market trends, as it has underperformed its sector by 4.98% today. This suggests that the challenges faced by Resonance Specialities Ltd are specific to the company rather than reflective of the overall market conditions. The lack of available positive or negative factors further complicates the understanding of the stock's recent movements, leaving a gap in the analysis of its performance drivers.