Why is Utssav CZ Gold falling/rising?

As of 04-Aug, Utssav CZ Gold Jewels Ltd is experiencing a decline in its stock price, currently at Rs 204.50, which represents a decrease of Rs 8.0 or 3.76%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 7.53% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 6.34%, and it has dropped 9.91% over the past month, while year-to-date returns are down by 29.75%. There is also a notable decrease in investor participation, with delivery volume falling by 38.78% compared to the 5-day average, which suggests waning interest among investors.
In the broader market context, the Sensex has shown a slight increase of 0.17% over the past week and a decline of only 2.90% over the past month, contrasting with Utssav CZ Gold's significant losses. The stock's year-to-date performance is particularly poor compared to the Sensex, which has gained 4.56% in the same timeframe. This stark difference highlights the stock's struggles relative to the overall market, indicating that while the market has been relatively stable, Utssav CZ Gold has faced substantial challenges, contributing to its ongoing price decline.