Why is Resonance Speci. falling/rising?

As of 18-Aug, Resonance Specialities Ltd is experiencing a decline in its stock price, currently at Rs 101.05, which reflects a decrease of Rs 2.15 or 2.08%. The stock has underperformed its sector by 3.1% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 100.15, indicating a significant drop of 2.96%. Over the past week, the stock has decreased by 1.13%, and over the last month, it has fallen by 9.78%, contrasting with the Sensex, which has shown a slight increase of 0.83% in the same period. Additionally, the stock's delivery volume has decreased by 32.57% against the 5-day average, suggesting a decline in investor participation.
Broader Market Context: In the context of the broader market, while the Sensex has gained 0.83% over the past week, Resonance Specialities Ltd has seen a negative return, indicating a divergence from the overall market trend. Year-to-date, the stock has a modest gain of 4.07%, slightly outperforming the Sensex's 4.01% increase. However, the stock's performance over the longer term shows a significant decline of 37.76% over the past three years compared to the Sensex's gain of 34.79%, highlighting ongoing challenges for the company relative to the market.