Why is Uma Converter falling/rising?

As of 16-Oct, Uma Converter Ltd's stock price is currently at Rs 22.75, reflecting a decrease of Rs 0.25 or 1.09%. The stock has been underperforming significantly, with a 1-week return of -5.01%, a 1-month return of -4.61%, and a year-to-date decline of 25.53%. Additionally, it is trading close to its 52-week low, just 0.88% above Rs 22.55. The stock is also trading below its moving averages across various time frames, indicating a bearish trend. Furthermore, there has been a notable decline in investor participation, with delivery volume dropping by 23.08% compared to the 5-day average, which suggests waning interest among investors.
In the broader market context, the Sensex has shown resilience with a 1-week gain of 1.60% and a year-to-date increase of 8.21%. This stark contrast highlights Uma Converter's struggles against the benchmark, as it has significantly underperformed the market. The stock's liquidity remains adequate for trading, but the overall negative sentiment surrounding its performance and declining investor engagement are contributing factors to its current downward trajectory.